BTC: Claimed a New All-Time High!
2025-01-21
Category: None

BTC touched a new all-time high of $109,568 on the same day Trump entered the White House to take office.

Previously, I mentioned a potential rejection toward  FWB:73K , but BTC was rejected at $89.3k and eventually rebounded to claim a new all-time high. Following this 23% rally, BTC still needs to break above the resistance trendline for further bullish movement. Unless BTC breaks through the resistance, the chances of rejection remain valid.

Bullish Move: A breakout above the resistance trendline, creating a new all-time high.

Bearish Move: A rejection from the resistance trendline.

Trade safely.