Post at 16:30 on January 14, 2025

BTC H4 Analysis:

1. Bollinger Bands (BB):

• Price is moving close to the middle line MA20, the Bollinger Bands are narrow, the market is accumulating.

• Breaking the upper band (96,800 - 97,000): Strong short-term uptrend.

• Breaking the lower band (92,000 - 93,000): Confirms downtrend.

2. Ichimoku Cloud:

• Price is near the lower edge of the red cloud, the downward pressure is still present.

• Closing a candle inside/on the cloud: Bullish reversal signal.

• The forward Kumo indicates a slight downtrend.

3. Stochastic RSI:

• Currently in the overbought zone (94.08 and 100), potential for a downward correction.

• Maintaining high levels: Short-term uptrend continues.

4. MACD:

• MACD is below the signal line, the downtrend has not been broken.

• Histogram is gradually turning positive, signaling a potential recovery.

• MACD needs to cross upwards to confirm an increase.

Outlook:

• Short-term: Accumulation, waiting for a breakout.

• Resistance: 96,800 - 97,000 → Increase to 98,500 - 100,000.

• Support: 92,000 - 93,000 → Decrease to 88,000 if broken.

• Long-term:

• Exceeding 97,000: Uptrend.

• Falling below 92,000: Downtrend continues.