Public trade #11 - #BTC price analysis ( Bitcoin )
2025-01-16
Category: None

At the moment, the  CRYPTOCAP:BTC   price is making an A-B-C correction within the channel quite harmoniously.

 The idea is as follows: 
🔽now the market is correcting for a few days and the lower the better.
🔼And then on January 20, Trump will be inaugurated and, as the “messiah,” he will “make life easier” for crypto investors by some decree and the market will break out in growth.

1️⃣ So the first stop of the  OKX:BTCUSDT   correction should be around $93-94k, and from there, growth can break up to $110k.
2️⃣ The second option is a correction of the #Bitcoin price around $86-87k.

❗️ It's also worth remembering that 29.01.25 is the announcement of the “fresh” Fed Funds rate. And given the fact that inflation has increased this month, the Fed's rate cut is in jeopardy, at best it will be left unchanged.

 P.S: 
Please excuse the fact that there are so many levels on the chart, but they work well and can be used in trading!)
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