Good morning everyone! Bitcoin buyers have started a new wave of growth.
Our previous BTC idea worked out. The main prerequisite for this was the closing of yesterday's day candle. Buyers were able to fully absorb the previous day candle of the sellers, showing their strength. Therefore, most likely, the correction of the BTC price is over and buyers will break the mark of $35,700.
After fixing above the mark of $35,700, the next critical point before updating the historical high is the range of $39,200-40,500. Having established itself above this range, the price will go to the renewal of the historical high.
Strong altcoins are preparing to grow and are waiting for a new stop BTC. For example, our ideas for and work perfectly. January ends on a positive note. Have a good day and be careful with marginal leverage in such a volatile market. _____________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
This increase due to Elon Musk's twitter, not bc of technical analysis. It will probably come down bc the increase is artificial.
P_S_trade
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@maskios, The news only strengthened the mood of the market. If the market was bearish, we would see strong growth, followed by a similarly sharp fall.