Bitcoin price trend shows interesting technical signals. The daily chart indicates that Bitcoin is in an uptrend, approaching the key resistance level of $100k. In the short term, the probability of breaking through this psychological barrier is worth paying attention to.
But there's a detail worth noting—when zoomed out to the weekly chart, Bitcoin has recently formed a lower low pattern. This signal is not very optimistic and usually suggests that downward pressure may be building.
So the current situation is: bullish on the daily chart, bearish on the weekly chart, with a clear divergence between the two timeframes. Whether it can break above $100k in the short term remains uncertain, and more importantly, whether the weekly lower low can be effectively broken is crucial; otherwise, the rebound may be fleeting. Traders need to be cautious and not be fooled by the optimism on the daily chart.
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LiquidationTherapist
· 16h ago
Daily gains every day, weekly secretly falling, this is just playing with us
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Will 100k really break? Feels like another trap to lure the bulls in
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Lower low, every time I see it I know I’m about to get trapped
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Optimistic in the short term, pessimistic in the long term, a classic fake-out, being cautious is not wrong
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The weekly chart speaks, the daily must step aside, this is my trading rule
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Another "possible rebound," but even P could be nonsense
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Dreaming while watching the daily chart, the weekly is the one to slap you in the face
View OriginalReply0
ZKProofEnthusiast
· 17h ago
The daily chart is excited, while the weekly chart is playing against it. That's why I dislike the game of multiple timeframes.
Looking at 100k seems close, but it's actually very fragile. As long as the lower low isn't broken, it's a trap.
I've been fooled by the daily chart too many times. Now, whenever the weekly chart shows signs of weakness, I just watch the show.
View OriginalReply0
WalletDivorcer
· 17h ago
It's the same old daily and weekly chart tricks again. Every time they say to look at the weekly chart, but once the weekly reverses, it directly causes liquidation.
Should we trust the daily or the weekly? Can we get a clear answer...
Lower low sounds intimidating, but honestly, it just means the previous low hasn't been broken yet. Let's wait until it breaks.
I'm already tired of hearing about 100k; it feels like it'll never be reached.
Daily versus weekly charts are fighting, so retail investors might as well stay calm and do nothing.
View OriginalReply0
BlockchainNewbie
· 17h ago
The daily chart is just talk, the weekly chart is the real boss. This wave to 100k might just be a dream walk.
View OriginalReply0
CountdownToBroke
· 17h ago
Daily chart breaks through the sky, weekly chart slaps back, the classic feeling of pre-knife-cutting.
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The 100k psychological level is about to be lost again, I've seen this trick too many times.
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Lower lows not broken, a rebound is just a joke, don't be fooled.
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Time frame conflicts, and in the end, retail investors still take the fall. I bet 5 bucks there will be a flash crash.
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The weekly chart is the real boss, the daily chart is just a cover.
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Here we go again, every time they say it will break through, and what happens? Another plunge.
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If you don't break the lower low, don't talk about a rally; it's too虚 (虚 means虚幻,虚伪,虚空, here implying "hollow" or "fake").
View OriginalReply0
SatoshiLeftOnRead
· 18h ago
Daily charts are all talk, but weekly charts give you a reality check—typical of "looks good but actually isn't."
Bitcoin price trend shows interesting technical signals. The daily chart indicates that Bitcoin is in an uptrend, approaching the key resistance level of $100k. In the short term, the probability of breaking through this psychological barrier is worth paying attention to.
But there's a detail worth noting—when zoomed out to the weekly chart, Bitcoin has recently formed a lower low pattern. This signal is not very optimistic and usually suggests that downward pressure may be building.
So the current situation is: bullish on the daily chart, bearish on the weekly chart, with a clear divergence between the two timeframes. Whether it can break above $100k in the short term remains uncertain, and more importantly, whether the weekly lower low can be effectively broken is crucial; otherwise, the rebound may be fleeting. Traders need to be cautious and not be fooled by the optimism on the daily chart.