BINANCE:BTCUSDT   Bitcoin / TetherUS
The coming days will be decisive for Bitcoin! And determine its fate, at least until the Fed's meeting on February 1st. Now the largest technology companies are giving their reports, and the further trend of bitcoin will also depend on their performance. As for the Nasdaq technological index, it showed a breakout of the trend resistance level on a downtrend, and this fact may indicate a reversal of movement to the long. If Nasdaq shows high volatility when rising, then this should also affect the growth of Bitcoin . Now on the hourly timeframe you can see how the chart is forming a neutral wedge . In such a situation, the movement can go both up and down. The downward move is quite logical, given that Bitcoin has risen by more than 40% this month without much correction. And the next low level is at around $21,600. But again, optimism in the cryptocurrency market could push Bitcoin even higher. And the next upper level is at $24,500.


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