According to @MI_Algos, the weekly close for BTC has macro implications for the broader crypto market. According to @MI_Algos citing Keith Alan (@KAProductions), a weekly close below the Yearly Open Timescape Level would be bearish, and a weekly close below the 100-Week SMA would be even more bearish. According to @MI_Algos, traders should closely watch the weekly candle relative to these thresholds.

According to @MI_Algos, BTC confirmed a support retest at the Yearly Open Timescape Level and risk appetite improved after reports that Trump backed down from tariffs over Greenland (source: @MI_Algos). According to @MI_Algos, FireCharts order flow shows whales accumulating, but a run toward the 50-week MA lacks sufficient bid liquidity in the order book (source: @MI_Algos citing Keith Alan). According to @MI_Algos, the immediate trigger is a clean break above the 50-day SMA, with the next strong resistance at the 2026-01-05 Timescape Level near $91.5k (source: @MI_Algos). According to @MI_Algos, this is a relief rally and traders should avoid overexposure until confirmation above those levels (source: @MI_Algos).

According to @CryptoMichNL, Bitcoin is consolidating above the 21-day moving average, indicating a stable range with no immediate cause for concern, source: @CryptoMichNL. The 21-day MA serves as the primary support reference during this phase, suggesting price action remains constructive while above it, source: @CryptoMichNL. Traders can monitor the 21-day MA as the key line in the sand for momentum and risk control during ongoing consolidation, source: @CryptoMichNL.

According to Crypto Rover, Bitcoin is approaching a potential death cross, a technical analysis pattern where the 50-day moving average crosses below the 200-day moving average, typically signaling bearish momentum. This pattern could influence traders to reconsider their positions due to anticipated price declines.

According to Crypto Rover, Bitcoin has recently experienced a 'Death Cross', a technical chart pattern indicating potential bearish trends ahead. This occurs when Bitcoin's short-term moving average crosses below its long-term moving average, suggesting a possible downturn. Traders should closely monitor this technical indicator as it historically signals increased selling pressure. Cited from Crypto Rover's tweet on March 31, 2025.

According to Crypto Rover, the recent technical analysis shows that several altcoins have formed a 'Golden Cross', which is typically a bullish indicator signaling that a significant upward price movement may be forthcoming. This pattern occurs when a short-term moving average crosses above a long-term moving average, often suggesting a strong buy signal for traders. This development is particularly relevant for traders looking to capitalize on potential uptrends in the altcoin market. (Source: Crypto Rover)

According to Ai 姨 (@ai_9684xtpa), Bitcoin's closing price on December 20, 2023, was $97,805, and it rose to $102,235 by January 6, 2025, marking a 4.53% increase with a volatility of 11.2%. The Nasdaq also saw a 1.49% rise during the same period. Historical data suggests strong performance post-holiday, with expectations for Q1 2025.

According to Ai 姨 (@ai_9684xtpa), a trader with an 82% win rate on ETH swing trades closed a short position of 2000 ETH on January 6, 2025, at 3:00 PM, but still holds a short position of 21,618 ETH valued at $79.74 million. The average selling price was $3,475.59, resulting in a floating loss of $4.61 million. The loss expanded to $5.8 million when ETH reached $3,744 on January 6, 2025, at 10:00 PM. The main position's health is currently at 1.23, with a liquidation price set.