$BTC Analysis
January 28, 2024
BIAS:
Mid-Term: BEARISH
Short-Term: BEARISH
As expected the price action of $BTC successfully filled out the FVG gap level which was marked between the $41,843 $41,574 level.
Currently, the price action is respecting its Horizontal Resistance level marked between the $42,229 - $41,973 level where it's consolidating in a compression level and trying to reject from there
MAIN INTEREST LEVELS
SHORT↓
$42,229
↑ LONG
$41,212
PREDICTED DAILY RANGE
$39,354 $44,447