Bitcoin (BTC/USDT) Monthly Analysis : Preparing for January's High-Volume Action
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Overview :
As BTC's monthly candle for December nears closure, the market is at a critical juncture. Traders are advised to wait until January 15 for high-volume moves to set the tone for the next major trend.
Key Resistance and Support Levels :
Resistance Zones :
$99,391 - $93,473 : Major supply zone. A breakout here could lead to a bullish rally toward $108,000.
Support Zones :
Buy Zone 1 : $68,696 - $61,097: First significant support area for a potential retracement and accumulation.
Buy Zone 2 : $40,000 : Long-term support and key level for deeper