2026-01-10 22:26:49

Bitcoin is displaying a familiar pattern worth watching. The chart shows three distribution highs followed by two capitulation lows—a structure that could signal accumulation before the next leg up. If the pattern holds, BTC might target $120k in the coming weeks. The current setup suggests upside momentum is building. Historical precedent and current price action align with this bullish scenario.

BTC0,36%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

12 Likes

Reward
12
9
Repost
Share

Comment

0/400

liquidation_surfer

· 1h ago

120,000? Wait a bit longer, it's easy to chase the high this wave

View OriginalReply0

LoneValidator

· 01-11 17:51

It's the same story again, cycling through high and low points, always saying 120k is not far away.

View OriginalReply0

GateUser-bd883c58

· 01-10 22:56

120k? Alright, another new goal of "definitely will reach" then.

View OriginalReply0

ProposalManiac

· 01-10 22:56

The saying of "three tops and two bottoms," I've heard it quite a few times. The question is, will history repeat itself? Has the game balance changed?

View OriginalReply0

ImpermanentPhobia

· 01-10 22:55

Distribution of three peaks and two bottoms... I've seen this routine several times already. Every time they say it needs 120k, but what happens?

View OriginalReply0

AirdropHunterZhang

· 01-10 22:55

Ha, is this another round of the break-even dream? The number 120k sounds great, but we all know charts can be deceiving... Reinvesting still depends on real cash in hand.

View OriginalReply0

MissingSats