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Juliia
Jan 16, 2024 9:47 AM

Bitcoin. What's next? Tech analytics 1/16 Long

Bitcoin / TetherUSBinance

Description

While the level of 42k has been maintained, we continue to move in the range of 42-45k under the resistance level


We reached the MA50 of the daily TF, which is good, most likely we will accept a 45k test attempt


Beautiful local accumulation below the level, which is typical for Bitcoin, the range is good and even despite the ban of Bitcoin ETF by the large company Vanguard, we increased the level quite well and went into the corridor
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I’m expecting a test of 45k, for growth I need to hold 42k, 40k can also be tested and there is still such a risk, but it’s better to stay in the current range
Comments
qm8345
Thanks for sharing your thoughts
MyCryptoParadise_Simon
Staying within the current range does seem like a safer bet
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