Goldkingcoiner's BTC analysis January 2025- part 2: New support
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Now, in order to further add to my last idea, we might be looking at a breakout to 120K.
The purple line shows possible areas of support. Anything below might indicate a drop to the 90Ks
Note
"Resistance" should be "Support". My mistake.
Trade active
And there goes the support line bounce! Hope you guys some '6% discounted' BTC at the support line. I did.
Order cancelled
Strange candle, can't trust it.
Note
DeepSeek seems to be the reason for the current market situation. But the support line is still holding. The lack of buying pressure does not give me confidence in the superiority of 100K.
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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.