BTC WEEKLY - Target Zones to WATCH👀

Jan 16

📉Hi Traders, Investors and Speculators of Charts📈

BTC is approaching the halving, during which the price usually fluctuates wildly as volatility and volume show up.

For any given dip, I don't expect us to break the white diagonal trendline (which validates higher lows).

When the price trades in a tight range, it's helpful to follow the classic rule of "buy on support and sell at resistance".

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CryptoCheck

Jan 19

Note

BTC: I hope we can close this weekly candle ABOVE or in the support zone, otherwise this scenario seems likely:

Jan 22

Note

BTC: still trading tight range, but 38k starting to look likely as price consolidates on top of the support (bearish short term, no buying pressure on this level):

Jan 22

Note

4H BTC Support Zone that must hold: