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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.

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.

Here's a technical analysis for Bitcoin on December 26, 2024:
Current Price & Time FrameDate: December 26, 2024Current Price: $94,200 (as of 01:13 AM PST)
Support & ResistanceImmediate Support: $93,000 - A level where buying has previously occurred, potentially offering some resistance to further declines.Near Support: $91,000 - This level was a significant support in the past, with volume accumulation suggesting possible buying interest.Strong Support: $89,000 - A level where Bitcoin found support after the last major correction, could be critical if tested again.Immediate Resistance: $95,000 - The current price is just below this, indicating short-term resistance.Key Resistance: $97,500 - The 50-day Simple Moving Average (SMA) is here, acting as a dynamic resistance.Psychological Resistance: $100,000 - Breaking this could trigger a significant bullish move.
Moving Averages50-day SMA: $97,500 - Price below this suggests a bearish short-term trend.100-day SMA: $92,000 - Close to current price, indicating a potential support if price dips further.200-day SMA: $82,000 - Far below current price, maintaining the long-term bullish trend.
IndicatorsRelative Strength Index (RSI)Daily RSI: 30.03 - Now in oversold territory, which typically indicates that a price correction or reversal might be imminent.$BTC

Where will bitcoin go from here in next 48 hrs?

Price: ~$96,500$BTC Support: $96,585, $94,000Resistance: $100,000, $105,000Patterns: Daily: Ascending triangle (bullish if breaks resistance).4-hour: Bearish divergence.Indicators:RSI: Daily 55 (neutral), 4-hour <30 (oversold).MACD: Daily bullish, 4-hour bearish.Volume: Low, suggesting indecision.Moving Averages: Above 50-day and 200-day MAs.Trend: In an ascending channel on daily chart. $BTC

Technical Analysis: Bitcoin shows volatility, recently dipping from $103,000 to $98,700. Support at $98,700, with resistance at $101,000-$103,000. Above 50-day, below 200-day MA; RSI neutral, MACD bearish. Doji at channel top suggests possible bull exhaustion. Significant institutional buying at current levels.
Fundamental Analysis: Market sentiment affected by Fed's no-Bitcoin-reserves news. Institutional interest grows with ETFs and luxury brand adoption. Regulatory clarity awaited, economic fears from VIX increase. NUPL bullish, dormancy in buying zone. Political shifts might impact long-term, less so daily prices.
Summary: Bitcoin's technicals hint at a pivotal moment, with potential for recovery or decline. Fundamentally, adoption is strong, but regulatory and economic factors introduce volatility. All crypto investments carry risk.

$BTC