BTCUSDT (BITCOIN) Daily: 31/01/2023: Is 25k reachable?
Updated
Well, you can see the possible scenarios on the chart.
Personally, I think the price will go up for liquidity above 25200.
Bullish scenario:
The price can have a bullish reaction on 22300 to 21600, or after touching the demand zone creates a bull set up in a lower time frame and then rise.
Bearish scenario: The price can not break the 23K to 24K zone that is a supply zone now. So the price will fall to lower levels such as 20400 and 18400.
💡Wait for the update!
🗓️31/01/2023
🔎 DYOR
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Trade closed: target reached
Well, as you can see the price moved as we expected.I hope you used this TA.
Cheers 🍻
Wait for the new TA.
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