BTC ANALYSIS JAN 2025 ====================== We are in a new scenario for BTC and despite all the euphoria for it to surpass 108 thousand dollars, after President Donald Trump took office, I see that on the 1-hour chart it is losing volume between December 18 and 24 to the present date, because when observing the Pivot Point Super Trend it continues to fall and lose volume. To consolidate a fall in the BTCUSDT moment, it must first BREAK the Super Trend, observe if the volume will continue to fall and only then, make a projection until Fibonacci breaks at 0.618 and reaches the majority resistance at around 48 thousand dollars where Fibonacci 0.786 is. Now, if there is a trend reversal in relation to the Pivot Point Super Trend, the volume starts to rise and the RSI indicates strength above 50, we will certainly have a big rise in BTC. So we must WAIT to enter operations.
Good morning everyone. Our BTC will definitely want to touch the last historical resistance of 67 and make a big PULBACK, which is nothing more than the beginning of the third Elliot Wave. So, stay calm and patient because a market without liquidity is not a market. I did a historical graphic study 📈 of BTCUSDT and if you do it too, you will see on the chart this Fibo movement touching 0.50 or 0.616, and it may even fall below 67. Hugs Castelobtc.