BTCUSDT – Short-Term
2025-01-20
Category: None

Bitcoin is currently reaching a new ATH (All-Time High), trading above $108,000.

Main Scenario: Continued Uptrend
The current market environment indicates a strong bullish trend. High volume and new price highs confirm the continuation of the upward movement.

Target Levels:
First Target Zone: $119,730–$120,800
Second Target Zone: $138,500–$140,000
Entry Point:
Look for entries in the $108,000–$108,500 range during minor pullbacks to join the ongoing trend.
Stop Loss Level:
Below $96,400, which serves as the invalidation level for the current uptrend.

Market Sentiment
The new ATH confirms buyer dominance. As long as the price stays above $96,400, the trend remains bullish.
Monitor volume and candlestick patterns for any signs of potential trend reversal.

✍️ Important Note: The above post provides general information and should not be considered specific investment advice. All investments carry significant risk, especially in volatile cryptocurrency markets. All investment decisions should be based on thorough market analysis and consideration of individual risk tolerance!