2026-01-07 14:24:50

Why use the weekly chart as a key reference? Because the smaller timeframes must obey the larger ones. Looking at Bitcoin's daily chart, the current performance seems like a breakout, but from a different perspective—viewed from the weekly chart—it looks entirely different—it's just a fluctuation within a range, and it might even be at the top of that range. More importantly, from the direction of the 60-week moving average, the overall trend still points downward.

Since the weekly chart background is like this, do you think there is still a reason to go long from the weekly perspective? Looking at the micro strategy weekly chart, can you find an obvious upward trend? These details are worth pondering.

BTC8,01%

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LiquidityOracle

· 01-09 23:50

Looking at the weekly chart, it’s quite discouraging; the 60-week moving average is still pressing down, and the small rebound on the daily chart can’t fool anyone at all.

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CryptoCrazyGF

· 01-09 22:00

The weekly chart speaks, and the daily chart has to shut up. I understood this principle long ago. The 60-week chart is still pointing downward, so why go long? Going long is just giving away money?

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0xLuckbox

· 01-09 06:55

That's right, the daily chart looks quite impressive, but once you switch to the weekly chart, it reveals the truth—it's really just a range-bound fluctuation. The 60-week moving average is still holding down, and this recent surge is purely false fire.

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OfflineValidator

· 01-09 02:24

The weekly chart is obvious; the daily chart is just playing tricks on whom. Do you really think it broke through? Top formation ahead.

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HashRatePhilosopher

· 01-07 14:54

The weekly bearish outlook is not wrong, but is this rebound on the daily chart really just noise? It seems we need to see how this week's closing unfolds.

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WalletDivorcer

· 01-07 14:54

The weekly chart already looks daunting, and you're still drawing pie charts on the daily chart. Truly impressive.

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token_therapist

· 01-07 14:53

Once the weekly chart is out, the daily chart is all fake... That's right, if the 60-week moving average turns downward, it's a completely different story. What seems like a breakout is actually just the final struggle before a dump.

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ChainMaskedRider

· 01-07 14:52

Despite the strong weekly resistance, you're still going long. Isn't that just fighting against yourself? Breaking below the 60-week moving average is very difficult. The breakout on the daily chart looks exciting, but when viewed in the context of the weekly chart, it's not enough... Details really need to be scrutinized; otherwise, you'll be cut sooner or later.

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CryptoSourGrape

· 01-07 14:52

Ah, I knew it. If I had listened to the weekly chart advice back then, I wouldn't have been fooled so easily by the daily chart...

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FastLeaver

· 01-07 14:43

Basically, don't be fooled by the daily chart; the weekly chart is the real truth.

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