2026-01-20 01:24:00

Four-hour online chart, Bitcoin dropped from around 3350 to 3165, and recently showed signs of rebound back to 3350, forming a head and shoulders bottom divergence pattern.

The MACD green histogram is gradually shrinking, and the DIF and DEA are converging below the zero line. Currently, the price is exactly at the key support at the lower boundary of the box, and a short-term technical correction rebound is indeed needed to confirm the direction.

From an operational perspective, consider going long in the 3140-3170 range, with the first target at 3280. If the support is broken, there is a chance to see 3400.

BTC-2,11%

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GasGuru

· 10h ago

The head and shoulders bottom is back. Can it really break 3280 this time? It feels like I've heard that many times before.

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GweiWatcher

· 10h ago

The head and shoulders bottom rebound is here again. Can it break 3280 this time... It said the same last time.

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WhaleStalker

· 10h ago

The head and shoulders bottom this time is indeed interesting, but if you go long at 3170, you'll need to see if the MACD is really about to turn positive.

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MysteryBoxAddict

· 10h ago

Head and shoulders bottom is back. Can it break this time? Feels like 3280 is a bit uncertain.

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GateUser-cff9c776

· 10h ago

Head and shoulders bottom? Isn't this Schrödinger's rebound—can spin stories whether it breaks the level or not.

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HashBrownies

· 10h ago

Is the head and shoulders bottom about to take off? I feel like I say this every time, but I still get trapped in the end.

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CodeSmellHunter

· 10h ago

If the head and shoulders bottom truly breaks through, that would be great. Unfortunately, it's still uncertain whether this rebound can hold up against 3280.

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