BTC/USDT CHART UPDATE !!
2025-01-22
Category: None

BTC has sustained its move above the descending trendline, indicating a valid breakout with continued bullish momentum.

The green zone between $92,000–$96,000 remains a critical support area. Any pullbacks into this region could present buying opportunities.

The 50-day SMA (red) at $98,596 is trending upwards, providing additional dynamic support.
BTC is trading above key moving averages, reinforcing the positive trend.

The chart suggests a potential pullback followed by a continuation to the upside.
The projected path (orange line) targets the $112,000–$116,000 resistance zone.

Assess volume during pullbacks to ensure strong accumulation support for the upward trend.

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