Bitcoin Short Term: bullish bias above 97000
Jan 27, 2025 9:22 AM
long positions above 97000 with targets at 116000 & 131000 in extension.
Pivot: 97000
Our preference:
long positions above 97000 with targets at 116000 & 131000 in extension.
Alternative scenario:
below 97000 look for further downside with 90000 & 80000 as targets.
Comment:
the break above 97000 is a positive signal that has opened a path to 116000.
Supports and resistances:
140000
131000
116000
99453 Last
97000
90000
80000
Our preference:
long positions above 97000 with targets at 116000 & 131000 in extension.
Alternative scenario:
below 97000 look for further downside with 90000 & 80000 as targets.
Comment:
the break above 97000 is a positive signal that has opened a path to 116000.
Supports and resistances:
140000
131000
116000
99453 Last
97000
90000
80000
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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Bitcoin
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