BTC - Ranges overview 
2025-01-08
Category: None

Hope you all had a great Christmas time and enjoyed some rest. Wishing you all the best for this New Year and may 2025 be full of happiness and joy. 

Let's get back into the charts and let's see how we play around from here. 

We've had some quiet sideways trading lately and some consolidation during the Christmas period. Let's not forget we are still in a bull market considering BTC's cycles so let's see how we trade from here. 

IF we hold the current levels sitting around 97K expect us to continue higher towards 100K - 110K range. 

IF we break the current sellside and hold below expect us to retrace towards the HTF sellside liquidity (yellow box). 

No need to front run the market as we are still in the first weeks of a new trading year. Wait for the market to come to you and let it show its hand. 

Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form. 