Bitcoin price today: $105,000
Bitcoin price trades around $105,000 on Wednesday after rebounding from the $100K support level the previous day.
Michael Salyor’s MicroStrategy announced on Tuesday that it has acquired 11,000 BTC worth $1.1 billion, and President Donald Trump pardoned Silk Road creator Ross Ulbricht.
A K33 report highlights that the market awaits crypto-specific executive orders in the coming week.
Bitcoin (BTC) trades around $105,000 on Wednesday after rebounding from the $100K support level the previous day. On Tuesday, Michael Salyor’s MicroStrategy (MSTR) announced that the firm had acquired 11,000 BTC worth $1.1 billion, and US President Donald Trump pardoned Silk Road creator Ross Ulbricht. A K33 report highlights that the market awaits crypto-specific executive orders in the coming week, which could be a key volatility source.

Bitcoin bulls remain strong as MicroStrategy buys more BTC, and Ross Ulbricht's release adds bullish sentiment
Bitcoin price reached a new all-time high (ATH) of $109,588 ahead of US President Donald Trump’s inauguration on Monday but retraced back to $100K soon after he was sworn in. However, BTC regained its strength and closed at $106,143 on Tuesday.

The rally continuation was fueled by Michael Saylor’s post on X, which highlighted that MicroStrategy (MSTR) had acquired 11,000 BTC worth $1.1 billion at an average price of $101,191 per Bitcoin, and currently holds 461,000 BTC for $29.3 billion, at an average price of $63,610 per BTC.
MicroStrategy has acquired 11,000 $BTC for ~$1.1 billion at ~$101,191 per bitcoin and has achieved BTC Yield of 1.69% YTD 2025. As of 1/20/2025, we hodl 461,000 $BTC acquired for ~$29.3 billion at ~$63,610 per bitcoin. $MSTR
— Michael Saylor⚡️ (@saylor) January 21, 2025
During the same time, US President Donald Trump announced on Truth Social that he had unconditionally pardoned Ross Ulbricht, the founder of the dark web marketplace Silk Road.
The US Federal authorities arrested Ulbricht in 2013, and was sentenced to life in prison for creating and operating a website (Silk Road) that allowed users to buy and sell illegal drugs, among other illicit products and services. This news gave confidence to the crypto community as Trump followed through on his promise to the crypto industry as US president.
#beyoglu

$BNB price edges slightly lower on Tuesday after correcting almost 6% in the last three days.
AVAX price continues its pullback on Tuesday after declining more than 13% since Saturday.Traders should be cautious as both altcoins show signs of weakness in momentum indicators.
Altcoins BNB (BNB) and Avalanche (AVAX) continue to trade down on Tuesday after declining 6% and 13%, respectively, since Saturday. Furthermore, the technical outlook also supports a bearish trend as both altcoins show signs of weakness in momentum indicators.
BNB Price Forecast: Poised for a correction ahead:
BNB’s price faced a pullback around the $725.61 resistance level on Saturday, declining 5.6% until Monday. On Tuesday, BNB approaches its ascending trendline (drawn by connecting multiple lows since early August 2024) and trades around $681.
Suppose BNB breaks below the ascending trendline and closes below the 200-day Exponential Moving Average (EMA) at $662.15. It would extend the decline by 9.58% from its current levels to retest its daily support at $612.50.
The Relative Strength Index (RSI) on the daily chart reads 44, below its neutral level of 50 and points downwards, indicating strong bearish momentum. The Moving Average Convergence Divergence (MACD) indicator also shows a bearish crossover on Sunday, suggesting a sell signal and a downtrend. 

Avalanche Price Forecast: AVAX shows signs of weakness
Avalanche’s price faced rejection around its weekly resistance level at $41.15 on Saturday and declined 13.53% until Sunday, closing below its 200-day EMA at $37.29. At the time of writing on Tuesday, it continues to edge down, trading around $35.05.
If $AVAX continues its pullback, it could extend the decline by 8.5% from its current levels to retest its 61.8% Fibonacci retracement level at $32 (drawn from the August low of $17.29 to December high of $55.79).
Like BNB, Avalanche’s RSI indicator trades below its neutral level of 50 and points downwards, indicating strong bearish momentum. Moreover, the MACD shows a bearish crossover on Monday, suggesting a downward trend.

#TrumpMarketInsights $TRUMP #beyoglu

Shiba Inu's price hovers around $0.000021 on Tuesday after retesting and bouncing off from key support the previous day.Sideline investors looking to accumulate SHIB can do so in the $0.000019 to $0.000021 range.A daily candlestick close below $0.000019 would invalidate the bullish thesis.
Shiba Inu (SHIB) price hovers around $0.000021 on Tuesday after retesting and bouncing off from key support the previous day. Sideline investors looking to accumulate SHIB can do so at support levels from $0.000019 to $0.000021. 
Shiba Inu price looks promising for a recovery rally.
Shiba Inu’s price declined to retest its daily support level at $0.000019 on Monday. This support level coincides with its 61.8% Fibonacci retracement (drawn from the August 5 low of $0.000010 to the December 8 high of $0.000033), making it a key reversal zone. When writing on Tuesday, it trades slightly higher, above its 200-day Exponential Moving Average (EMA) at $0.000021.
Sideline investors looking to accumulate SHIB tokens can do so around $0.000019.
If the $0.000019 holds as support and SHIB closes above the $0.000022 weekly resistance, it could extend the rally to retest its next weekly resistance at $0.000028.
The Relative Strength Index (RSI) reads 44 in the daily chart, below its neutral level of 50, indicating a slight bearish momentum. However, the Moving Average Convergence Divergence (MACD) indicator flattens around its neutral level of zero, suggesting indecisiveness among traders.

However, on-chain data points to a bullish outlook for Shiba Inu price. According to IntoTheBlock’s In/Out of the Money Map (IOMAP), approximately 17,160 addresses bought 3.22 trillion $SHIB B tokens at an average price of $0.000021. If the price falls at this level, many investors may add more to their positions, making this a key reversal level to watch for.
From a technical analysis perspective, the $0.000019 to $0.000021 support level aligns with the IOMAP findings, marking this zone as a crucial reversal point to monitor.
#beyoglu

Ready, set… plan? In this guide, we discuss why you need to plan your trading before trading your plan. Let’s roll.

Table of Contents:
»Importance of a Trading Plan
»The Successful Trading Plan Doesn't Exi...
»What's in a Typical Trading Day?
»Markets, Strategies and Styles
»Summary

Venturing into trading without a plan is akin to setting sail on the ocean without a compass. Or taking the leap without looking first 😉. We can keep the metaphors rolling but if there’s one thing you must remember from this word salad of an article, it’s this: success in trading is possible with a plan. Without a plan, not so much.

In this guide, we'll talk about the importance of creating a trading plan, what you should include in it, and how to follow it.

📍Importance of a Trading Plan

A trading plan is not just a list of dos and don’ts; it's the roadmap to trading success. Here's why it matters:

➡️Streamlines Your Actions: Much like a roadmap, a trading plan outlines your objectives, time frames, strategies, and risk management techniques, and offers a clear path forward.

➡️Limits Emotional Swings: By defining rules and parameters in advance, a trading plan helps to keep emotions in check, limiting impulsive actions that could lead to financial pitfalls.

➡️Fosters Discipline: Sticking to a plan holds you accountable for your actions and allows you to see where you jump out of your rule book and into undisciplined FOMO-driven pump-chasing revenge trading.

📍The Successful Trading Plan Doesn't Exi...

Many traders believe that you can be successful by buying and selling random selections of stocks, forex pairs, or commodities. However, the reality is that the most — if not all — successful traders have one thing in common: a well-defined trading plan. Here's what makes for a successful trading plan:

☝🏽Adaptability: A successful trading plan is not rigid but flexible, allowing for adjustments in response to changing market conditions.

☝🏽Consistency: A plan helps you stay on track toward your goals as a trader, allowing you to stick to predefined rules and strategies, especially when things get hot and volatile.

☝🏽Continuous Improvement: A successful trading plan is a work in progress. The more time you use it, the higher probability you will have to refine it as you drift along diverse assets, all swayed by different factors.

📍What's in a Typical Trading Day?

A typical trading day is a blend of preparation, execution, and reflection. And while you should leave room for new ideas, fresh approaches, and some surprises, there are mainstay components that you need to have in your trading plan.

📰Reading the News: Staying in the know is always a good idea. For many successful traders, the first thing to do is check what’s the latest on the news front. Known as fundamental analysis, reading the news and doing your research will help you get a sense of investor sentiment.

Moreover, you can stay ahead of the curve and anticipate big market moves by following the economic calendar. Lots of those sharp swings you see in forex or stocks are caused by regular data dumps such as the monthly US nonfarm payrolls report. The Federal Reserve’s decisions on interest rates or the monthly Consumer Price Index are also keys to anticipating volatility.

And what better place to follow all that’s moving markets than the TradingView News section?

📈Following the Charts: if you’re here, this one won’t be too new to you. Chart reading, known as technical analysis, is one of the oldest ways to analyze anything — from stocks to crypto and even frozen orange juice.

Think of a chart as your trading canvas. It’s your space to be creative, draft ideas, look for technical patterns and formations, and anticipate potential moves. Observing the chart and watching how prices behave will help you spot where a trend may form, extend, or reverse.

Some of the most popular technical formations include double tops and bottoms, head and shoulders, cup and handle, and more. And some of the most popular technical indicators include the Simple Moving Average (SMA), the Relative Strength Index (RSI), and the Fibonacci sequence.

⚒️Work on Your Skills: Trading doesn’t have to glue you to the screen in constant monitoring of every blip. If you don’t see anything to trade, don’t trade just for the sake of it. Sometimes the best trading position is no position at all.

Instead, use some of your idle time to build out your knowledge base. Grab some books on technical analysis or trading psychology. Or watch interviews of successful traders and investors and gain that educational edge to help you become a more aware, informed, and confident trader.

🏖️Take a Break: Not everything you do needs to be related to productivity gains and trading improvement. Stare into space or read a great novel. Take your mind off trading and unwind, let the steam off, and recharge your batteries.

Go out, enjoy a walk or do some people-watching. Taking time to zone out every now and then will help you get back to trading sharper, smarter, and more balanced.

📍Markets, Strategies and Styles

The world of trading is as diverse as it is dynamic, offering a flurry of markets, strategies, and trading styles to explore. Here's a glimpse into the landscape:

💹Markets: Traders can choose from a variety of financial markets, including stocks, forex, and cryptocurrencies, each with its unique characteristics and opportunities.

When you set out to create your trading plan, think carefully whether you want your portfolio to be concentrated into any one market or asset class. Or maybe you’d like to go for a diverse approach to trading and pull in assets from several markets.

Knowing what your asset preference is will help you phase out markets so they don’t distract you.

🎯Strategies: From technical analysis to fundamental analysis, you can adopt various strategies to identify trading opportunities and manage risk, ranging from trend following to mean reversion.

News trading is a popular approach to markets as it allows you to bet on economic reports, geopolitical events, central bank updates, and more. On the other hand, technical traders tend to stick to the chart in efforts to gauge price movements and trends. Every chart tells a story. Deciphering it is the tough part.

🌈Styles: Trading styles are equally important and they’re all tied to a specific time frame of holding your positions. If you’re more into short-term trading, you may pick scalping and target a few pips of gains before jumping out of your trade.

Day trading and swing trading are two popular time-sensitive trading strategies that you may want to explore when building out your trading plan.

📍Summary

Your trading plan should be exactly that — yours. Tailor it to your specific goals, risk orientation, asset preference, and find out how it stacks up against market conditions.

That way, you can navigate the markets with confidence and direction, instead of letting markets sway your decision making and lead you into uncharted waters. Embark on your trading journey armed with a well-crafted plan, and let it be your roadmap to trading success.

#beyoglu