17-JAN 2022 - Crypto short - BTC analysis
In my personal opinion, price will further balance in range around 38k-44k for 1-2 weeks, where then BTC will go to price ~
52K-56k, correct it and further go up to ~74k.
It may of course fall down to 35k to further scare small investors and if price closes on D1 interval below orange box ... we will continue downtrend toward bear market and price 28k-30k will be next support.
Price has closed below MA55 on W1 interval --> that is sometimes interpreted as going to BEAR market.
52K-56k, correct it and further go up to ~74k.It may of course fall down to 35k to further scare small investors and if price closes on D1 interval below orange box ... we will continue downtrend toward bear market and price 28k-30k will be next support.
Price has closed below MA55 on W1 interval --> that is sometimes interpreted as going to BEAR market.
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