2026-01-18 12:29:01

BTC situation remains status quo from my previous take. The Wave-4 support level continues to hold strong, which keeps me bullish on the setup. As long as price stays above the $92,992 mark, I'm looking for at least one more push higher to finish out this pattern. The structure still feels incomplete without that final leg up.

BTC0,11%

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.

14 Likes

Reward
14
4
Repost
Share

Comment

0/400

GateUser-40edb63b

· 6h ago

If the support level at 92992 breaks, I'll run. I don't believe this wave can push higher again.

View OriginalReply0

GasFeeNightmare

· 6h ago

If the 92992 level doesn't break, it can still be considered bullish, but whether this rebound can break out depends on other factors.

View OriginalReply0

BearMarketSurvivor

· 6h ago

Holding at the 92992 level tightly; as long as it doesn't break, the outlook remains bullish. The key question is whether it can truly break through.

View OriginalReply0

SchrodingerGas

· 7h ago

Hmm, the support level at 92992 is indeed holding tightly. From a game theory perspective, it's a classic equilibrium point where both sides' forces are balanced. However, I still have to say that I've heard this kind of "unfinished structure" explanation too many times. The market is always selling the next 100x dream...

View OriginalReply0