Use charts to visually observe the current potential rebound levels.



Let's start with the first chart. The high points of the three-month lines (1, 2, 3) correspond to PDI and CCI both trending downward, a typical divergence between volume and price. On the monthly chart, a very obvious triple top divergence pattern has formed. From the overall trend, the first two divergence structures have already completed, and we are now at the end of the third divergence. The key point is that the monthly MACD is already making a pullback, indicating that the correction may be nearing its end.

Looking at the second chart makes it even clearer. The position marked by the ellipse is the middle resistance line of the fluctuation center, which can well verify the pressure level during the rebound of the third divergence structure on the monthly chart. Based on this logical deduction, Bitcoin is most likely to once again surge upward toward the blue dashed line (the middle of the rapid resistance line), roughly estimated around 103k. As time progresses, the price may also be adjusted upward, and above 105k is actually within a reasonable rebound target range. The key still depends on whether it can effectively break through these levels in the future.
BTC0,4%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
FomoAnxietyvip
· 01-09 15:03
Wow, the triple top divergence is all set, and the monthly MACD's pullback this time is really quite decisive.
View OriginalReply0
SoliditySurvivorvip
· 01-09 07:56
Can the 103k level really break through? Feels like this rebound is a bit fake.
View OriginalReply0
DaoGovernanceOfficervip
· 01-09 07:55
ngl the triple top divergence framework here is empirically sound, but where's the actual volume data to back this up? the literature on mean reversion patterns suggests we need more rigorous KPIs before calling 103k a "probable" target... also curious if anyone's modeling the governance implications of these price movements on validator incentives? just me overthinking it?
Reply0
CryptoPhoenixvip
· 01-09 07:51
The monthly triple top divergence has already appeared, and the MACD retracement indicates that the correction is nearing its end. This rebound towards 103k is highly probable, and 105k is actually within a reasonable range... The key is whether it can break through or not. This is the real test of faith.
View OriginalReply0
Degentlemanvip
· 01-09 07:40
103k to 105k? Wait, is this divergence structure reliable... I understand the monthly MACD retest, but I feel like I say this every time haha
View OriginalReply0
StakeWhisperervip
· 01-09 07:37
Could we really hold on when it was at 103k? It feels like 105k is the real test.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)