Short-Term Analysis BTC/USD

10 Jan

https://www.tradingview.com/x/vF465NGB/
Local Minimum:
A significant local minimum was established at $91,203.67.
A buyer reaction from this zone brought the price back above the $93,000 level.
Current Range:
Over the last 50 days, Bitcoin has remained within the $92,000–$102,000 range.
This suggests ongoing consolidation, with market participants showing uncertainty about further direction.

Likely Movement:
In the near term, the price is expected to move toward the $96,350 and $98,200 resistance levels.
A breakout above these levels may signal a continuation of the upward trend, targeting higher resistance zones.

Invalidation Point:
A close below the $92,500 level would invalidate the bullish outlook.
This could lead to further declines, with potential targets closer to the lower end of the recent range or even new lows.

Technical Notes:
The falling wedge pattern visible on the chart suggests a potential bullish reversal if the price can sustain its upward momentum.

Key support levels: $93,640, $90,200, and $88,551.
Resistance to watch: $94,468, $96,350, and $98,200.

If the bullish scenario plays out, traders should look for confirmation on higher timeframes, along with an increase in trading volume to support the breakout.

This analysis is not to be considered as investment advice; it represents a personal opinion only.

11 Jan

Dagangan aktif

Short-Term Analysis

Local rebound at the time of writing this review has formed at $95,836.


From this zone, a seller reaction has been observed.

Yesterday’s update remains relevant as long as the price is trading above $92,500 (a false breakdown of this zone with a return above this level during the thin weekend market is not considered significant).

It is likely that the price will continue to move toward the middle of the range at $96,350 and $98,200.

Further actions depend on the price reaction to these zones.

Invalidation: A sustained move below $92,500 would invalidate this scenario.

✍️ Important Note: The above analysis is for informational purposes only and should not be considered as specific investment advice. All investments carry a high level of risk, particularly in the highly volatile cryptocurrency markets. Every investment decision should be based on thorough market analysis and an understanding of personal risk tolerance!

13 Jan

Nota

Short-term

The nearest key resistance zone: $95,700 - $96,000.

Saturday's forecast remains relevant.

Bitcoin remains in the medium-term range of $92,000-$102,000.

While the price is trading in the range, the main scenario is continued growth after the end of the trading period without complicating the correction.

In case of a full consolidation below $92,000, the road will open to $87,880 - $88,500 and $82,100 - $83,063. The medium-term correction to growth will become more difficult.

14 Jan

Nota

Short-Term Analysis
The local minimum has been set at $89,256.69.
The drop below $90,000 was quickly bought back. As of this analysis, the price is $94,856 and trading within the previous range of $92,000–$102,000.

Buyers have pushed the price above $94,000.
Currently, the advantage lies with the buyers. We can expect an attempt to break above $96,000.

If successful, a retest of the $102,000–$104,000 zone should be expected, with the potential to break this zone and set a new all-time high (ATH).

✍️ Important Note: The above post provides general information and should not be considered specific investment advice. All investments carry significant risk, especially in volatile cryptocurrency markets. All investment decisions should be based on thorough market analysis and consideration of individual risk tolerance!