Recap of #BTC🔥🔥🔥🔥🔥 last week and outlook for this week:
This week, $BTC is expected to provide an opportunity for bearish sentiment to return before continuing its upward trend.
The weekly candlestick formed a nice long wick, and the perspective is that we are still in the phase of January 22nd, with BTC potentially reaching at least $80K.
However, the short-term volume after breaking the trendline is low, making it vulnerable to price manipulation by funds, so it is advisable to backtest for a few days.
Nevertheless, this trend does not support the double bottom pattern seen in many altcoins, so it's better for BTC to continue its upward movement.
The opportunity to buy and hold has occurred a few days ago. If you want to trade, it's better to wait for a backtest before entering the market.
If you're concerned about a significant dip to $52K, it is recommended to stick to your personal plan for a good and safe entry.
This week continues to focus on #AI, and you may also consider looking into SocialFi with the potential leading wave of $FRIEND (already doubled in price, so be cautious or explore other projects).