Bitcoin Analysis – 09.Jan.2024

Bitcoin Analysis: By re-examining the Bitcoin chart in the 4-hour time frame, we can see that after an initial correction, the price was able to grow up to the supply range that we specified and corrected to $44370, after that it was again accompanied by demand pressure and was able to A powerful breakout to grow above $47,000! Soon, we will witness the fall of Bitcoin to fill the FVG in the range of $45,320 to $46,220! The important supply ranges will be $47,700, $48,800 and $49,900 respectively, and the important demand ranges will be $45,500, $44,350, $41,100, $40,200 and $36,600 respectively!
(This Post on TradingView)

Author : Arman Shaban

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