Bitcoin UPDATE
2025-01-16
Category: None

After going UP  too fast and furious (which is good) it reached the top of the 4hrs  Bullish Cycle but something is NOT quite right,  this time Bitcoin didn't take  the liquidity that is just above the $101k (red shaded area) and that's weird to say the least. Be careful if starting a short cause that liquidity is a magnet for price so using a low leverage factor is a must.  but also  as the chart shows the liquidity below the $95k (green shaded areas)  are bigger than the one above the top of the channel. Based on 4hrs Cycle pattern the next move is down . buckle up ladies and gentlemen and grab your popcorns we are going to the Rodeo. 