2026-01-15 20:38:23

BTC Technical Analysis: Only 40 points away from the key high. If it can retake this indicative high, the market is expected to restart the upward trend.

From the candlestick pattern, it currently shows a standard V-shaped rebound characteristic. This type of movement is generally seen as a strong signal in technical analysis—prices quickly dip and then rapidly recover, demonstrating strong buying support. The key is whether it can effectively break through the previous high and establish a new upward trend.

In the short term, the performance within this range is indeed worth paying attention to. If the breakout is smooth, the subsequent upward space may open up. Conversely, if it tests the support level again, further market momentum needs to be observed. Overall, the current pattern remains relatively optimistic.

BTC-0.94%

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.

7 Likes

Reward
7
3
Repost
Share

Comment

0/400

OnChain_Detective

· 5h ago

hold up, lemme pull the on-chain data first before buying this v-shaped recovery narrative. pattern analysis suggests these textbook bounces often mask deeper distribution schemes ngl

Reply0

BearMarketMonk

· 5h ago

Another story about 40 points... I've heard it too many times, and in the end, it all becomes an excuse for a pullback. V-shaped rebound? Ha, that's the fairy tale the market loves to tell. Every time, someone believes it, and every time, someone loses.

View OriginalReply0

GasBankrupter

· 5h ago

Just 40 points away from breaking through? Then it depends on whether this wave can hold steady, otherwise it's just another fake breakout play.

View OriginalReply0