BTC is demonstrating a textbook-level technical breakthrough.
Looking at the larger cycle, the descending expanding wedge has been established, and the breakout signal is unmistakable. This trend is quite constructive—while the price gradually rises, the trading volume is cooperating, making the entire picture particularly "clean."
Focusing on the details, a so-called "bear flag" pattern has indeed appeared in the short term, which looks a bit alarming. But here’s a key point— we observe that the 10-day, 20-day, and 50-day moving averages have formed a new bullish arrangement, and the price has perfectly retraced to the broken downtrend line, the channel center, and the entire cluster of moving averages. This is no coincidence; it indicates that the bulls are gathering strength.
The probability of the bear flag failing is quite high. Once an upward breakout is confirmed, the next clear target is $100,000. In the short term, focus on the support of the 100-day moving average—its current position is very critical and serves as an important reference for judging the subsequent direction.
Now, it’s just waiting for a clear breakout signal. Once confirmed, the upward potential will be quite significant.
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gas_guzzler
· 5h ago
I've heard the same rhetoric about the bear flag too many times. But in the end, it still comes down to trading volume.
View OriginalReply0
ContractTearjerker
· 14h ago
The moving average arrangement is so beautiful, is 100,000 really stable?
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The bear flag break is just around the corner, just waiting for the confirmation signal.
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Talking about breakthroughs again... last time I said a breakout resulted in being trapped.
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The trading volume is cooperating well; this wave indeed looks promising.
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The 100-day moving average at this critical position must be closely watched.
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You're analyzing without even looking at the chart, how are you so confident?
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The bulls are indeed gathering strength, but have you considered the probability of a failed break?
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I also want a clean trend, but the reality is a mess.
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A target of 100,000 sounds good, but I can't say what will actually happen.
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This technical setup is indeed beautiful, but how many beautiful trends in the crypto world have collapsed...
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Before the breakout is confirmed, it's all fake, but the approach looks sound.
View OriginalReply0
GateUser-9ad11037
· 01-09 02:50
I've seen this routine too many times, always claiming it's textbook level...
Let's first see if the 100-day moving average can hold up.
Another "breakthrough imminent" story, just listen.
100,000? Dream on, first break 50,000 and then talk.
The bear flag thing, the day people say it has failed is often the most dangerous.
Nice arrangement of moving averages, but the key is how the whales play it.
Price "perfect retracement"? Maybe it's just digging a hole.
Waiting for a breakout signal? We've been waiting since the Monkey Year and Horse Month.
Not optimistic about this wave, feels like it's going to crash again.
What’s the use of a cluster of moving averages for support? One big bearish candle makes it all pointless.
100,000 USD? First, I’ll believe it when I see it.
Volume combined with what? Just hype? Pumping always looks like that.
This time really different? Haha, we said the same last year.
View OriginalReply0
BearMarketSurvivor
· 01-09 02:50
Even if the Bear Flag is intimidating, it's just bluffing. The bullish momentum is already quite evident.
The chart looks fine, I'm just worried about various bearish news hitting when it breaks out.
Wait until the 100-day moving average stabilizes before entering. The last time we saw such a "clean" signal, it ended in a failure.
Is the 100,000 target real or just another pie in the sky? Anyway, I'll wait and see.
This kind of textbook-level setup usually hits the hardest when it fails.
View OriginalReply0
unrekt.eth
· 01-09 02:47
The bear flag is here to scare people again, but looking at the moving average arrangement clearly shows that the bulls are indeed gathering strength.
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I believe in the 100,000 target, just worried it might be another technical pattern scam.
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A "clean" trend combined with volume—that's what I want to see.
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The breakout signal hasn't been confirmed yet, don't rush to buy in.
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The 100-day moving average is a really critical hurdle; it must hold.
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Every time they say it's textbook level, is this time real or not?
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Is the bear flag failure probability high? I bet on its success, let's try.
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Hmm, the price retracing to the cluster of moving averages is indeed interesting.
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Here we go again with the story; let's wait until the breakout signal.
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I'm on board with the bulls gathering strength, just see if it can break 100,000.
View OriginalReply0
tx_or_didn't_happen
· 01-09 02:43
No matter how intimidating the bear flag is, it's still just a fake. The key is the moving average alignment. This time, the $100,000 mark is solid.
View OriginalReply0
OnlyOnMainnet
· 01-09 02:37
Starting to be bullish again. I think we need to wait for a confirmed breakout before making any conclusions.
View OriginalReply0
SleepyValidator
· 01-09 02:22
Bull Flag? Uh... Is this really a false breakout this time?
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It's the same story of ten thousand dollars, how many times have I heard it haha
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The moving average alignment is so perfect that I actually feel a bit worried
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Waiting for a breakout signal, but it feels like this wave might just be a false alarm again
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A textbook-level breakout sounds great, but I'm just afraid the next second will teach people to lose money
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Volume confirmation is key; I don't believe in breakouts without volume
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I also saw the price retrace to the moving average cluster. Are the bulls really gathering strength or just fooling the retail investors?
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Breaking the 100-day moving average would be really bad. For now, I'm still on the sidelines
BTC is demonstrating a textbook-level technical breakthrough.
Looking at the larger cycle, the descending expanding wedge has been established, and the breakout signal is unmistakable. This trend is quite constructive—while the price gradually rises, the trading volume is cooperating, making the entire picture particularly "clean."
Focusing on the details, a so-called "bear flag" pattern has indeed appeared in the short term, which looks a bit alarming. But here’s a key point— we observe that the 10-day, 20-day, and 50-day moving averages have formed a new bullish arrangement, and the price has perfectly retraced to the broken downtrend line, the channel center, and the entire cluster of moving averages. This is no coincidence; it indicates that the bulls are gathering strength.
The probability of the bear flag failing is quite high. Once an upward breakout is confirmed, the next clear target is $100,000. In the short term, focus on the support of the 100-day moving average—its current position is very critical and serves as an important reference for judging the subsequent direction.
Now, it’s just waiting for a clear breakout signal. Once confirmed, the upward potential will be quite significant.