Bitcoin Outlook: Bullish Momentum with the New Year

Jan 22

With Donald Trump now back as President in America, the success of initiatives like Trump Coin serves as an example of what’s possible. Similarly, Bitcoin appears poised to attempt a new high as we enter the new year.

However, before that, we’re seeing some bearish retests and market pullbacks. These corrections are part of the process before Bitcoin pushes toward a new high.

I’ve explained the analysis in detail on the chart for better understanding.

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Jan 24

Trade active

Looking at the current BTC/USDT chart, it seems that Bitcoin is forming a bullish pattern, showing signs of upward momentum. If the trend continues, we could see a completion of this bullish setup in the near future. It's important to stay attentive to key levels for entry points and always be prepared with a stop-loss in case of sudden market changes. As the pattern develops, watching for confirmation signals will help in making more informed decisions about the next move

Jan 26

Note

target on way

Jan 27

Trade closed: target reached

target reached