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Ualifi Araújo
--
Bullish
Analysis $BTC 02/01/2025
#BTC, phew... we survived the longest and most severe bear market in history, finally we reached 2025.
Bitcoin did nothing different from what we expected, see that the drawing I had made (black line on the chart) was followed perfectly by the price, and at this moment we are in this blue band around $97,500.
The BULLS have the advantage again here, and they don't need much to do well, we just need to close above $97,300 today so we can attack $100K during the weekend.
See that we made a solid recovery from the EMAs (4h), and they should act as good support here so that the price can break this blue band and continue to rise.
The entire market, including #altcoin , is at the same point as Bitcoin right now. If we can climb above $98,300 here, then most altcoins will also break their lower resistances and we will have a good run.
This level is more important for BTC than for altcoins, especially since some have already broken through here, so we need this in BTC to keep the next week Optimistic.
Unfortunately, we still have the FED BALANCE SHEET in 2 hours, which can interfere with prices, but if we don't have any excessive comments, we should still have a good close and continue tomorrow.
Interestingly, big BEARS that were at $120K went straight to $100K, which doesn't make any sense for this size of orders. It is very likely that they are fake, or if they are not and the BULLS manage to trap them at these prices, it will be very interesting lol.
Either way, we ARE heading to $110K and time is not on the BEARS' side here.
Any pullback here, and the BULLS at $95k should hold prices for us to bounce back, higher is inevitable and the BIG Bears know it!
Send this to $100K!
* If you have any questions, don't hesitate, go to my INSTA (it's in the pinned image of my profile here), call me and ask your question.
#BTC, phew... we survived the longest and most severe bear market in history, finally we reached 2025.
Bitcoin did nothing different from what we expected, see that the drawing I had made (black line on the chart) was followed perfectly by the price, and at this moment we are in this blue band around $97,500.
The BULLS have the advantage again here, and they don't need much to do well, we just need to close above $97,300 today so we can attack $100K during the weekend.
See that we made a solid recovery from the EMAs (4h), and they should act as good support here so that the price can break this blue band and continue to rise.
The entire market, including #altcoin , is at the same point as Bitcoin right now. If we can climb above $98,300 here, then most altcoins will also break their lower resistances and we will have a good run.
This level is more important for BTC than for altcoins, especially since some have already broken through here, so we need this in BTC to keep the next week Optimistic.
Unfortunately, we still have the FED BALANCE SHEET in 2 hours, which can interfere with prices, but if we don't have any excessive comments, we should still have a good close and continue tomorrow.
Interestingly, big BEARS that were at $120K went straight to $100K, which doesn't make any sense for this size of orders. It is very likely that they are fake, or if they are not and the BULLS manage to trap them at these prices, it will be very interesting lol.
Either way, we ARE heading to $110K and time is not on the BEARS' side here.
Any pullback here, and the BULLS at $95k should hold prices for us to bounce back, higher is inevitable and the BIG Bears know it!
Send this to $100K!
* If you have any questions, don't hesitate, go to my INSTA (it's in the pinned image of my profile here), call me and ask your question.
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