Bitcoin along with some alt coins will have a rally after February the 6th.
For now, price can go down and consolidate over the weekend. This is a buy the dip scenario.
I can see Bitcoin hovering around 99-100k support area for the last time and rally from February until April.
The current cycle will end in October 2025.
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The current level of 99-100k is being respected. If BTC continues to close prices above these levels, it can go back up to the top range at 105-106,000 area and rally from there on.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.