Bitcoin Analysis!! (My Perspective)

Yesterday I took my time to do a fresh analysis on Bitcoin. Well, it’s seen in the screenshot below that it is currently on a bullish trend line.

Bitcoin made its first massive fall, on Thursday, 11 January at 15:00 UTC, which was around the same hour that the Bitcoin ETF spot got approved. Coming from $48k down to $45k, then it began a bullish trend hanging on $45k through till Friday.

On Friday, 12 January, Bitcoin began mass dropping at 14:00 UTC through till 16:00 UTC, which a lot of accounts got liquidated. Before making its final fall to $41k at 22:00 UTC same day.

Well, since Bitcoin ETF got approved, it’s said that bitcoin would gain a massive improvement even up to $60k upwards.

On my analysis, Bitcoin is on a bullish trend BUT not as fast as we think it might actually happen. The major fall of Bitcoin started on Thursday, I am predicting that something huge is going to happen on Friday, 19th of January from 10:00 UTC. But I can’t say for sure if it’s going to be bullish or bearish.

Trade wisely.

Thank you for reading

$BTC #BitcoinETF💰💰💰