Hello Everyone! Here is my Todays BTC USD Market Analysis
Please check it and share your opinions in the comments section ANALYSIS
Sunday 26 January 2025
BTCUSD current Price: 105000
key Pivot Point: 104500
Bearish Scenario:
If BTCUSD Breaks below the pivot point (104500) its likely test the 1st support levels at 103500 AND 102000. Further downside momentum could push it into the demand zone at (100800,100000 and 99000)
Bullish Scenario:
As long as BTCUSD remain above 104500, it is expected to maintain a #Bullish trend. the first resistance Targets are (105600) and (108500) Breaking above these levels could open the path to (110000,111000,112000)
Key Levels,
Pivot Point: 104500
Support, Target: 104500,103500,102000
demand zone: 100500 and 99000
Resistance ,Target: 105600\108500
long term. 110000 and 112000
Trend Outlook**
Bullish above 104500\105600
Bearish below 105000\104500
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