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【Bottom divergence + Fibonacci resonance, is Bitcoin's rebound target directly aiming for 85,000?】
Let's review the article written on January 2, 2026, when it was clearly mentioned:
At the monthly chart level, a long upper shadow appeared, indicating that Bitcoin is likely entering a medium-term correction. True support can only be found in larger timeframes.
So far, the market's evolution has basically aligned with that judgment, but there are still areas in operational rhythm that need reflection and optimization.
From a structural perspective, BTC has already fallen back to the key support zone we repeatedly emphasized:
• Fibonacci 0.5 retracement level
• Near the previous high of the last bull market
The overlap of these two creates a strong support area, concentrated around $69,000.
At the same time, from a technical perspective:
• Clear bottom divergence appears on both large and small cycles
• The decline is very rapid, with ample emotional release
This kind of combination often corresponds to a high-cost rebound trading zone.
In the short term, extreme emotions may push the price close to $67,000, but the candlestick bodies should not effectively break below this zone; otherwise, the structure will change.
Under current conditions, this position is more suitable for a "buy more as it dips" and phased deployment strategy rather than emotional panic selling.
From a risk-reward perspective, the risk is controllable, and the potential space is clear.
Rebound target:
• First target: around $85,000
It should be noted:
The current decline is very fast. From a time perspective, the "shallow bear" scenario has become a low-probability event. Future movements may include larger oscillations or even a secondary bottom. The most optimistic extreme could be around $63,000.
But this does not affect the current conclusion—
Around $69,000 is a rebound trading zone with structural, divergence, and space expectations.
Operationally, I still emphasize one sentence:
Bullish does not mean go all-in; deployment does not mean risking your life.