$BTC Greetings to all friends, I hope you're well. On January 13, I predicted BTC's potential moves, indicating that holding above $42,272 to $41,500 or $40,700 is crucial. We achieved TP1 at $43,200 but faced rejection, returning to the same zone. Since December 11, BTC bounced four times in this area, with the recent closing around $40,894, emphasizing the importance of holding at $40,700.
As of now, BTC is trading around $41,600. Looking ahead, if it maintains support between $41,250 and $40,500 on the 4H timeframe, our next potential targets are:
- TP1: $42,500
- TP2: $43,200
- TP3: $43,575
- TP4: $43,900
- TP5: $44,860
- TP6: $45,800
- TP7: $46,400
- TP8: $47,000
- TP9: $48,965
Breaking $50k to $53k could lead to a test of $69,000, but a failure might bring a significant dip to $34,000. Watch for weekly or daily closing below $41,250 to $40,500.
Potential support zones:
1. CME Gap: $40,500 to $39,300
2. $36,300 or $35,655
3. $34,000
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