Bitcoin daily chart shows a bullish divergence signal, currently in a range-bound consolidation phase. In the short term, the price will continue to retest the lower support zone, with the key support area between 85,000 and 77,000. Whether this zone can effectively rebound will directly impact whether the subsequent trend can repair the candlestick indicators.
From on-chain sentiment, the small hotspots in the primary market are still in the accumulation stage, but this stacking effect will not remain silent forever — it will eventually find a more suitable time window for a concentrated breakout. The current oscillation and rebound are more about laying the groundwork for that moment.
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RealYieldWizard
· 12-20 02:01
I've seen too many instances of bearish divergence, but in the end? It all comes down to the strength of the funds.
Waiting to buy in at 77,000? This rebound is just a gas station for bagholders.
Primary market accumulation? Sounds good, but in reality, nobody wants it. Don't be fooled.
I'm familiar with these oscillation rebounds; often, the worst dips are the real opportunities.
Whether support breaks or not, I won't say now. At this level, I dare not bottom fish.
Hotspot stacking and explosion? Sounds pretty mystical, but it's better to look at trading volume.
If 77,000 can't hold, be prepared; there's still room to go down.
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FlatlineTrader
· 12-20 02:01
If the price level of 77,000 is not broken, I will still dare to buy the dip; if it breaks, then we'll see how far the rebound can go after the breakdown.
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MerkleTreeHugger
· 12-20 01:51
I will bet on the rebound with the support zone from 85,000 to 77,000. Otherwise, I will really panic.
This bottom divergence looks a bit interesting; let's see if it can hold.
The primary market has been suppressed for so long; it has to explode eventually. Now is just waiting for the wind to come.
If 77,000 breaks, I will lie flat; anyway, it's not the first time.
The stacking effect sounds like accumulating energy; let's wait and see.
Bottom divergence + range oscillation, definitely a frustrating market.
The support zone is really key; if it breaks, it's over; if it doesn't, there is hope.
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DAOTruant
· 12-20 01:45
Bottom divergence, I've heard that term so many times my ears are calloused, but the key is whether @77000@ can hold up.
I believe in the narrative of the primary market stacking, but who can predict exactly when it will explode?
It's just more groundwork being laid, how long has it been laid? I'm already falling asleep.
That @85k@ line feels like a hanging point, every time it retraces, my head buzzes.
On-chain data looks good, but the numbers in my wallet don't look good.
Bitcoin daily chart shows a bullish divergence signal, currently in a range-bound consolidation phase. In the short term, the price will continue to retest the lower support zone, with the key support area between 85,000 and 77,000. Whether this zone can effectively rebound will directly impact whether the subsequent trend can repair the candlestick indicators.
From on-chain sentiment, the small hotspots in the primary market are still in the accumulation stage, but this stacking effect will not remain silent forever — it will eventually find a more suitable time window for a concentrated breakout. The current oscillation and rebound are more about laying the groundwork for that moment.