$BTC Analysis

January 30, 2024

BIAS:

Mid-Term: BEARISH

Short-Term: BEARISH

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As expected the price action of $BTC successfully got rejected and bounced back after holding out its Horizontal Support level.

Currently, the price action is respecting its Horizontal Resistance level which is marked between the $43,561 - $43,125 level

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MAIN INTEREST LEVELS

⬇️SHORT⬇️ 

$43,561

⬆️LONG⬆️

$42,229

PREDICTED DAILY RANGE

$41,997 - $47,091