Bitcoin is currently reaching a new ATH (All-Time High), trading above $108,000.
Main Scenario: Continued Uptrend
The current market environment indicates a strong bullish trend. High volume and new price highs confirm the continuation of the upward movement.
Target Levels:
First Target Zone: $119,730–$120,800
Second Target Zone: $138,500–$140,000
Entry Point:
Look for entries in the $108,000–$108,500 range during minor pullbacks to join the ongoing trend.
Stop Loss Level:
Below $96,400, which serves as the invalidation level for the current uptrend.
Market Sentiment
The new ATH confirms buyer dominance. As long as the price stays above $96,400, the trend remains bullish.
Monitor volume and candlestick patterns for any signs of potential trend reversal.
✍️ Important Note: The above post provides general information and should not be considered specific investment advice. All investments carry significant risk, especially in volatile cryptocurrency markets. All investment decisions should be based on thorough market analysis and consideration of individual risk tolerance!
Main Scenario: Continued Uptrend
The current market environment indicates a strong bullish trend. High volume and new price highs confirm the continuation of the upward movement.
Target Levels:
First Target Zone: $119,730–$120,800
Second Target Zone: $138,500–$140,000
Entry Point:
Look for entries in the $108,000–$108,500 range during minor pullbacks to join the ongoing trend.
Stop Loss Level:
Below $96,400, which serves as the invalidation level for the current uptrend.
Market Sentiment
The new ATH confirms buyer dominance. As long as the price stays above $96,400, the trend remains bullish.
Monitor volume and candlestick patterns for any signs of potential trend reversal.
✍️ Important Note: The above post provides general information and should not be considered specific investment advice. All investments carry significant risk, especially in volatile cryptocurrency markets. All investment decisions should be based on thorough market analysis and consideration of individual risk tolerance!
Note
BTCUSD Binance Futures Analysis – Short-Term StrategyJanuary 22, 2025, 9:17 (UTC)
Bitcoin continues to hold above $100,000, confirming the continuation of the bullish trend.
Market Overview
Resistance Zone: The all-time high from December 2024 remains a key resistance level.
Support: The price has stabilized above $100,000, signaling strong support.
Volume: Moderate but steady volume accompanies the uptrend, which could sustain the current momentum.
Main Scenario: Further Uptrend
Bitcoin exhibits a strong bullish structure as long as the price stays above $96,500.
Target Levels:
First Target Zone: $119,700–$121,000
Second Target Zone: $138,500–$140,000
✍️ Important Note: The above post provides general information and should not be considered specific investment advice. All investments carry significant risk, especially in volatile cryptocurrency markets. All investment decisions should be based on thorough market analysis and consideration of individual risk tolerance!
Disclaimer
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.
Disclaimer
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.