Ualifi Araújo
--
Bullish
Analysis $BTC 01/15/2025
#BTC, Where are the horsemen of the Apocalypse who told us we were going to $73K?
We had a great climb up to here, and see that yesterday we didn't need to go back lower for a retest, it followed the plan perfectly. However, here things start to get sinister, so let's take a closer look...
In the same way that some exaggerate downwards, others exaggerate upwards, so let's not fall into the trap...
This is a good level for the BULLS, but it is still an easy level for the BEARS to attack, so I would like to see a retest in this blue region of the chart where I made this blue circle. If we are able to make a retest there and find support, then the next target is $105K which is where I expect the BEARS to be more aggressive in defending the price.
This $100K/101K region has some big bears, but I don't see it holding for long, as it doesn't make much sense to defend this level (not at the moment).
It's still WEDNESDAY, we could break $101K by the weekend and attack $105K next week. Retest of the lower blue band or not, we're headed for $105k and the bears can't avoid it!
Keep it simple here!
We've hit $98K...so $105k soon!
* If you have any questions, don't hesitate, go to my INSTA (it's in the pinned image of my profile here), call me and ask your questions.
#BTC, Where are the horsemen of the Apocalypse who told us we were going to $73K?
We had a great climb up to here, and see that yesterday we didn't need to go back lower for a retest, it followed the plan perfectly. However, here things start to get sinister, so let's take a closer look...
In the same way that some exaggerate downwards, others exaggerate upwards, so let's not fall into the trap...
This is a good level for the BULLS, but it is still an easy level for the BEARS to attack, so I would like to see a retest in this blue region of the chart where I made this blue circle. If we are able to make a retest there and find support, then the next target is $105K which is where I expect the BEARS to be more aggressive in defending the price.
This $100K/101K region has some big bears, but I don't see it holding for long, as it doesn't make much sense to defend this level (not at the moment).
It's still WEDNESDAY, we could break $101K by the weekend and attack $105K next week. Retest of the lower blue band or not, we're headed for $105k and the bears can't avoid it!
Keep it simple here!
We've hit $98K...so $105k soon!
* If you have any questions, don't hesitate, go to my INSTA (it's in the pinned image of my profile here), call me and ask your questions.
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