The daily chart is very healthy, forming a triangle consolidation zone, and currently, there is a high probability of a pullback to the bottom support of the supply and demand zone. The target is likely to exceed 100,000📈
Trading Strategy: For the daily long position: around 93567, place the stop loss below the decline. If it rebounds after breaking down, you can continue to go long~
If it directly breaks above 96571, you can chase the long position. This is a strategic approach to handle a direct upward breakout without turning back.
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Market Analysis: $BTC (2026-1-17)
The daily chart is very healthy, forming a triangle consolidation zone, and currently, there is a high probability of a pullback to the bottom support of the supply and demand zone. The target is likely to exceed 100,000📈
Trading Strategy:
For the daily long position: around 93567, place the stop loss below the decline. If it rebounds after breaking down, you can continue to go long~
If it directly breaks above 96571, you can chase the long position. This is a strategic approach to handle a direct upward breakout without turning back.
Medium to long-term strategy: trust Kecai💪