bitcoinlive

Market Pulse (Wednesday, Jan 28, 5:18 PM CET)

The bulls are waking up. Bitcoin has pushed up from the morning consolidation level ($89,450) and is currently trading at $89,820, knocking on the door of the $90,000 resistance.

• Volume Spike: We are seeing increased volume coming from the US spot ETFs.

• Sentiment Shift: The fear is fading. Traders are flipping from "sell the bounce" to "buy the breakout."

Technical Outlook 🔭

• Immediate Resistance: $90,200. Breaking this level with volume invalidates the bearish scenario for the week.

• Local Support: $89,200. As long as we hold above this, the intraday trend remains bullish.

• RSI (1h): Rising but not yet overbought (62/100). There is room for a push higher.

Strategy for the Night 🌙

The volatility will increase around the daily close (1:00 AM CET).

• Safe Play: Do not chase green candles right under $90k. Wait for a clear break and retest of $90,200 to enter Long.

• Holders: Sit on your hands. If you bought the dip at $88k, move your Stop Loss to Breakeven ($88,600) to lock in a risk-free trade.

Community Check

We are inching closer to our goal! If this live update helps you navigate the market, tap that Follow button.

👇 Prediction: Do we close the day above $90k? Drop a "🚀" for YES or "🐻" for NO.

$BTC #CryptoInsightHub #BitcoinLive #MarketUpdate #TradingSignals #BTC90k

Disclaimer: This content is for educational purposes only and does not constitute financial advice. Always do your own research (DYOR) before investing.