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BTC Price Analysis!!!
Today all market sudden drop, many coins lost his value. 15th January 2025 is the important date in crypto market because in this day US market report shows actual report of US economy, now this is the effect in crypto market there is uncertainty in all over US market, US stock market starts at low due to fear index is very high. Unfortunately we have some bad effect before CPI report, there is a strong chance that CPI shows some bad news about economy, expected that US inflation rate is 2.5% - 4% and Unemployment rate is also more then 3%.
So expected that on 29th January FOMC never change FED cut rates, BTC has strong resistance at 90k, if BTC break this resistance then we have seen btc in 80s after almost more then 2 months, but this is not for so long period, BTC and crypto again goes for better position on 17th January onwards, and expected that we have some big pump on 20th January 2025.
In this bearish market we makes some profit with XRP, Eth Solana at their strong support zone. Each coin makes some pump at their strngest support point to break support points in 3-4 attempts, maybe btc break 90k support after 3-4 attempts.
BTC lost more then 14% in this month and we all know that crypto market volatility, maybe btc next support is 85k, this is another big support for BTC, if btc break this then we should see btc in 70s or 60s again, and on inauguration date 20th January 2025 BTC again hit 100k, BTC stand in a strong selling zone, all retail traders sell btc at low price or in loss, and MicroStrategy and Black rock buy btc at current price. They purchase more then 400k BTC in this month.
So don't worry it's just effect of future report of US economy and also stock market is not stable, NASADAQ and S&P 300 start at low, maybe they end at low and all crypto and stock market rise again on 17th January 2025. BUT 90k is breakable for Today...
Thankyou and Thanks for you time #GuessBTCsBottom #BTCMove #BTC #btc70k #BTC☀ $BTC
{spot}(BTCUSDT)