readCrypto

Bitcoin - Trends

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BITMEX:XBTUSD.P   Bitcoin
The BTC is attempting to test the rise above 8835.5.
If support is available above point 8835.5, it is likely that a new wave will begin.
If support succeeds, it is expected to rise towards 9617.0 sooner or later.

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From the BTC trend, I think it is highly likely that January 21 (January 20-January 22) will be an inflection day (a day when the volatility is expected to be severe).

We expect to rise above 200MA on BTC's 1D chart, but we need to think carefully and trade.

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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