BitcoinShort
BTC structural TA analysis for 1/12/25
Updated
We are copying yesterday's TA into today, with some additional detail. Yesterday pretty much went like I thought it should. We have not gotten into the internal structure yet to create a bullish run for the next week, but today/tonight should give you an opportunity to short into the area to go long from.
Overall we are bullish, but we are internally bearish until price can find the liquidity it needs. Usually bearish internal structure will set up the stop hunts that is needed for market makers to enter.
Structure has built itself an enticement area, with a perfect stop at the high. So we should expect the high to be manipulated through sometime today possibly. Put your orders in where people are being stopped out from.
We should take out the liquidity low at 93200, and long from 93000 through the high at 95800.
Overall we are bullish, but we are internally bearish until price can find the liquidity it needs. Usually bearish internal structure will set up the stop hunts that is needed for market makers to enter.
Structure has built itself an enticement area, with a perfect stop at the high. So we should expect the high to be manipulated through sometime today possibly. Put your orders in where people are being stopped out from.
We should take out the liquidity low at 93200, and long from 93000 through the high at 95800.
Trade active
Here we are, just as I expected:
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