BTCUSD Short-Term Strategy

23 janv.

BTCUSD Binance Futures Analysis
January 23, 2025

Bitcoin continues to hold above $100,000, confirming buyer dominance.

Market Conditions
Current Range: Over the past 5 days, the price has been trading within the $100,000–$107,000 range, stabilizing near key levels.

Support: Below $96,500, the trend is likely to be invalidated.
Resistance: $107,000, above which a bullish breakout could continue.

Main Scenario: Further Uptrend
Bitcoin's price remains bullish as long as it trades above $96,500.
Target Levels:
First Target Zone: $119,730–$121,000
Second Target Zone: $138,560–$140,000

24 janv.

Note

After the end of the trade, I expect btc to continue growing.

The updates of the last few days remain relevant.

The targets are the same: $119,700 - $121,000 and $138,500 - $140,000


Cancellation level: price consolidation below $96,500.