Market Analysis January 19, 2021 🧐

in #bitcoin4 years ago

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⚪️TECHNICAL (4H)
Our $41,543 ultra long term key support level for BTC is still holding with more than decent strength, rejecting every attempt rom the bears to break below it. This means that if price action manages to hold above this level for the next couple of daily closes, then we're likely seeing the boost up to $45,858 we already mentioned.

⚪️SENTIMENT
Sentiment remains pretty much neutral, with a slight short term inclination towards the upside due to the last 2 buying reaction our long term support level. Depending on what we see over the next 3-5 days, we'll see momentum gaining momentum very rapidly.

Coin Marketplace

STEEM 0.04
TRX 0.32
JST 0.075
BTC 63576.69
ETH 1674.29
USDT 1.00
SBD 0.41