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BTC Analysis 01/01/2025
Alhamdulillah ❤️,
Yesterday we analyzed $BTC chart and marked $93,800 as a next price action of #BTC when it was at $95,380. Here is next expected price action of # Bitcoin❗ .
Look at #bitcoin.” 1H TF chart looking bearish still here is reason why?
🔶 Volume is increasing but price is not moving upward much as compared to volume. Showing smart money interest in selling.
🔶 Most of liquidation are present at lower levels. In upward direction a liquidity cluster present around $94,449 - $94,900. Most of probability is that market drop from this range.
From above two points we can conclude that #bitcoin will move UpTo $94,900 and then reject from there and can drop UpTo $92,200 level.
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