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Current Price & Time FrameDate: January 13, 2025Current Price: $96,000.00 (as of 01:49 AM PST) Support & ResistanceImmediate Support: $94,500.00 - Recent support level where buying interest was observed.Volume at Support: Approximately 10,000 BTC traded at this level over the last 48 hours.Near Support: $93,000.00 - A psychological and technical support with 12,000 BTC volume from previous tests.Strong Support: $91,000.00 - Significant support with a volume of 20,000 BTC, suggesting strong buying interest.Immediate Resistance: $97,500.00 - Level where recent selling pressure has been evident.Volume at Resistance: 15,000 BTC traded at this level recently.Key Resistance: $99,500.00 - The 50-day Simple Moving Average (SMA) is here, acting as dynamic resistance.Psychological Resistance: $100,000.00 - A round number that has previously capped upward moves.
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Technical analysis for Bitcoin on January 6, 2025: Current Price & Time Frame Date: January 6, 2025 Current Price: $99,000 (as of 02:12 AM PST) Support & Resistance Immediate Support: $97,000 - This level has been tested and held as a support, showing buying interest. Near Support: $94,000 - A psychological and technical support where buying was significant in the past. Strong Support: $91,000 - A critical support zone, with previous volume indicating potential for a bounce if reached. Immediate Resistance: $100,000 - A psychological barrier, breaking this could lead to further bullish momentum. Key Resistance: $102,000 - This level represents where the price has encountered resistance before, possibly due to short-term profit-taking. Psychological Resistance: $105,000 - Another significant round number where resistance might be felt. Moving Averages 50-day SMA: $98,627 - Price has just moved above this level, signaling a potential shift towards a bullish short-term trend. 100-day SMA: $93,500 - Well below current price, acting as a longer-term support. 200-day SMA: $85,000 - Suggests a strong bullish trend in the long term as long as price stays above.
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