Bitcoin is Ready to Pump again
2025-01-23
Category: None

Donald Trump , the  President of the United States , is set to deliver a speech today,  January 23, 2025, at 4:00 PM GMT . The crypto community is eagerly watching to see if  Trump  will address cryptocurrencies, particularly Bitcoin, during his remarks. While any mention of crypto could have a significant impact on the market, a lack of commentary on the subject might leave crypto enthusiasts disappointed, especially those hoping for it to be a focal point in his agenda.
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As I expected in the  previous post ,  Bitcoin ( BINANCE:BTCUSDT ) has declined to near the  Support zone($100,600-$99,530) .

 Bitcoin  is moving near the  Resistance zone($103,400-$102,320)  and  Resistance lines .

I expect  Bitcoin  to  rise to  at least  $105,000  after breaking the Resistance lines and  Resistance zone($103,400-$102,320) .

 Cumulative Long liquidation Leverage: $100,807-$98,472 

 Note: If Bitcoin goes below 50_SMA(Daily), we can expect more falls. 

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Bitcoin Analyze (BTCUSDT), 1-hour time frame.

 Be sure to follow the updated ideas. 

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Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.

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