2026-01-08 17:28:07

Bitcoin Daily: Reading the Ichimoku

Tenkan's support cracked—that blue line couldn't hold. But here's what's interesting: price found a floor at the Kijun, and it's now testing the lower boundary of the Ichimoku cloud.

This is the level that matters right now. If Bitcoin can stabilize here and form a higher low, we might see some breathing room for the upside. Break below? That changes the narrative entirely.

The technicals are waving yellow flags, but support zones are still in play. Watch how price behaves at this critical juncture.

BTC1,29%

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.

9 Likes

Reward
9
6
Repost
Share

Comment

0/400

ShibaOnTheRun

· 01-11 00:54

As long as Kijun can hold steady, there's still hope; if it breaks, we'll have to revisit the plans.

View OriginalReply0

DegenDreamer

· 01-09 02:04

You must hold the line at Kijun, or you'll really be out of luck.

View OriginalReply0

SmartContractPlumber

· 01-08 17:55

Can the Kijun support line hold? To put it simply, it depends on whether there's a buyer willing to step in this time. Feels like we're about to play a game of heartbeat again.

View OriginalReply0

bridgeOops