🟡Update BTC 23.01

Current trend: Down

➡️ Daily T-F: BTC closed the bearish marubozu candle, broke through the 40k5-41k3 area with quite a large release force, and cut through the EMA 89 and has filled the CME gap at 39k3-40k3.

🟠Key support: 37k5-38k3, I won't be surprised if BTC drops to this area to test again

➡️H4 T-F: BTC created a higher low- lower low as well as a downward decline, and the RSI in the H4 frame is in the oversold area at 25 and broke through the bottom of the RSI.

🟠Total3: will search for area 400-420B

📌Total; Compared to last week's plan, BTC is going quite right and nothing has changed in the plan. In my opinion, this reduction is for BUYING, not SELLING.

The Bitcoin fear and greed index is at 50, the lowest level in a recent month