Market Analysis of BTCUSDT on Monday 27 JANUARY 2024

2025-01-27 14:22Source:BtcDana

 BTCUSDT TECHNICAL ANALYSIS SHORT TERM VIEW    


BTCUSDT can fall below 10000 level in expectation for  wave c with stop loss 104000 . Intraday purpose selling is better with stop loss 104000 expecting targets 101300,100000 and 100700 levels respectively . Immediate strong resistance are 102600 to 103500 level .


QUICK FUNDAMENTAL LOOK


     As Bitcoin (BTC) consolidates above the significant $100,000 milestone, previously a challenging resistance level to breach, market analysts are closely monitoring its potential for further price increases and the possibility of new all-time highs (ATHs).


POC = Risk is a part of trading, use caution when placing orders and take market advice only into account .

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