2026-01-18 17:40:35

Bitcoin's trajectory looks poised to test 94.7k around January 19-20, assuming market dynamics align as expected. The descending 4x1 trendline is doing its job—keeping price action anchored and disciplined. Once daily closes confirm support at that level, things could get interesting. You'd likely see fresh momentum unlocking toward the next major resistance zone. The chart's speaking clearly if you know how to listen.

BTC0.17%

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liquidation_surfer

· 4h ago

94.7k sounds pretty good, but I bet 5 bucks it'll drop back down again

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TxFailed

· 4h ago

tbh the "chart's speaking clearly" line always gets me... yeah sure, until it doesn't lol. seen plenty of trendlines do their job right up until the moment they violently don't. 94.7k is a nice round number though, ngl if it holds there's probably something to it—but learned this the hard way: support levels are just vibes until they actually matter

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AirdropBuffet

· 4h ago

94.7k? Here we go again with this. No matter how beautiful the technical analysis sounds, it can't beat a big news story.

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VitalikFanboy42

· 4h ago

Is the 94.7k level really a key point to hold? I bet it will break through.

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SmartContractPlumber

· 4h ago

94.7k this level... depends on whether the daily chart truly stabilizes. What happened to those previous predictions of "certain rise"?