TOTAL 1W Outlook

164
We are now two weeks into 2026. The broader crypto market structure looks like this:

- Nearly two months at the trendline support zone after ATH in early October.

- Breaking out of the downtrend after bouncing off the bullish trendline, could be the start of the next leg up for the crypto market?

- $3.68T would be the next significant level for the upside to target. Equal with the left shoulder set in December '24.

- Macro looks in support of the bulls, the FED now expanding the balance sheet introduced liquidity into the market again. It is likely that the cutting cycle continues this year towards the Mid-terms in November.

- For the bears it's a case of capitalizing on the momentum by pushing price through the trendline support. For me, that would be confirmation of a bearish HTF trend as structurally BTC would have lower highs and lower lows + a trendline break.

Catatan
Retesting the Trendline, I do not like the look of the previous candles wick. The bears are still very much in control here and momentum is with them.

Pernyataan Penyangkalan

Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.