Bitcoin Analysis – 28.Jan.2025
Bitcoin Analysis: By analyzing the #Bitcoin chart on the 6-hour timeframe, we can see that the price started recovering earlier than expected to fill the liquidity gap created by the previous drop. As a result, BTC surged from $97,700 to $103,300 since yesterday. Currently, Bitcoin is trading around $102,600, a key supply zone that could lead to a price rejection. However, if BTC stabilizes above $102,500 in the next 6 hours, we may see further upside movement toward $104,200 – $105,300 today or tomorrow.
(This Post on TradingView)
Author : Arman Shaban
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