2026-01-12 10:41:50

Bitcoin Daily Chart - Technical Setup Update

Noticing some shift in trend confirmation signals on the 1D timeframe:

• Chikou span has broken above current price
• Daily Tenkan-Kijun crossover is triggering

For this setup to fully develop, BTC needs to punch into the Ichimoku cloud and secure a daily close within it. If that plays out, we're looking at an end-to-end trade scenario with $103.4K as the primary target. Watch $94.2K closely—that's the critical resistance level to clear for the move to accelerate.

Setup's still unfolding. Price action over the next few days will be key.

BTC-0,42%

IN-6,72%

ON0,77%

CLOUD-0,1%

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TestnetNomad

· 4h ago

94.2K breaking below support, then it will take off. Now just waiting for the trend in these few days.

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CryptoHistoryClass

· 4h ago

ah yes, ichimoku signals lining up perfectly. *checks notes* this is exactly how 2017 looked before we hit the "surely this time is different" phase. statistically speaking, we're hitting $94.2K resistance then either moon or get rekt—history doesn't really do middle ground here, does it

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HalfPositionRunner