2026-01-04 20:22:28

Looking at the four-hour chart, Bitcoin's current performance is quite interesting—price is steadily rising amid consolidation, with each low point higher than the previous one, indicating that buyers are continuously gaining strength. The upside space is also opening up, and the overall momentum is relatively strong. Currently, the price is repeatedly consolidating around 91,000, and all three Bollinger Bands are extending upward, which is usually a sign of strength. In terms of trading strategy, it would be more prudent to wait for the price to dip back to lower levels before entering long positions, as there should be plenty of opportunities to catch the bottom.

BTC-0,75%

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.

11 Likes

Reward
11
3
Repost
Share

Comment

0/400

pvt_key_collector

· 01-04 20:39

The 91,000 level keeps bouncing back repeatedly, it's a bit annoying. Just waiting for the moment of a pullback.

View OriginalReply0

ApeDegen

· 01-04 20:29

Lower lows and higher highs, this rhythm is really comfortable. Just waiting for a pullback to give me a wave.

View OriginalReply0

GasFeeCryer

· 01-04 20:25

Each low point is higher than the previous one. I've looked into it, and there is indeed something to it, but I don't know if this time can really break the deadlock.

View OriginalReply0