Week 2 (2023) BTC Bitcoin Analysis

by Jan 10, 2023Bitcoin Weekly Analysis, Weekly Analysis0 comments

The bitcoin analysis from last week indicated that Bitcoin increased. Bitcoin is approaching the $17,400 barrier level, and large sell orders have been placed there. As a result, a pullback in Bitcoin is anticipated from this region. (The first goal in the last analysis, which will be attained, was $17,400).

BTCUSDT Chart

Bitcoin will next correct to about $16,200, with several ongoing purchase orders. Of course, it will take a few weeks for Bitcoin to fix itself in this area.

See also  Week 6 BTC Bitcoin Analysis

Recent News

Recent Posts

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *

Related Post

Weekly Altcoins Analysis 2023

Weekly Altcoins Analysis 2023

September 18 Altcoins Analysis Due to the range of Bitcoin in the areas mentioned in the analysis and the position of BTC.D, a strong negative divergence can be seen in its RSI chart. In case of a fall, it provides the opportunity for temporary growth and pumps for...

Weekly Bitcoin Analysis 2023

Weekly Bitcoin Analysis 2023

September 18 Bitcoin Analysis Despite the inexplicability of the Bitcoin chart, the USDT.D chart can help us in this week's analysis more easily at this stage. Currently, USDT.D has reached an important resistance area, which has reacted to it 5 times and rejected...

Week 18 Altcoins Analysis

Week 18 Altcoins Analysis

Week 18 Altcoins Analysis, we anticipate a gradual fall from Bitcoin to the $24,000 region, as indicated in the BTC analysis. This head and shoulders pattern is being completed by BTC.D, which is also in the 4-hour time frame at the rising channel's ceiling. As a...