BTC Technically 1-8-21
Bitcoin rose to 42400 yesterday and is under pressure. The next trend correction has entered consolidation, and the bullish sentiment has started to weaken, The intraday trend continued yesterday's consolidation. the short-term and short-term sides are starting to hit a dead end. Prices rose also under pressure at 42,500 as expected. The trend is currently maintaining a consolidating range, so we can think of highs and lows.
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The bullish trend is expected to run till the beginning of next week where it is expected to peak and become bearish subsequently!