Abdulhannan22

🚀 Bitcoin has rocketed past 109k, smashing ATHs! Where's it going next?
Drop your prediction for this week's $BTC closing price in the comments of this post 👇
🎁The top 3 closest predictions will win 300 USDC, 150 USDC, and 50 USDC. Jump in and share your prediction now! 
*Campaign Period: 2025-01-20 07:30 to 2025-01-26 20:00 (UTC)
‼️Ensure you have updated your app to at least version 2.92. Also, make sure the "Also Repost" box is checked when replying to be eligible for entry.
Terms and Conditions:
This campaign may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the campaign period eriod. Ensure the "Also Repost" box is checked when replying, or your comment won't count as a valid entry.To ensure fairness, entries closed at 2025-01-26 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price at  2025-01-26 23:59:59 UTC.If users made multiple comments, only the first comment will be considered as an eligible entry. Deleted comments are not eligible for rewards.In case of same predictions by multiple users, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 14 working days after the campaign ends and notified via a push notification under Creator Center > Square Assistant. Rewards will be distributed in the form of token vouchers to eligible users within 14 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelinesor Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this post and the original English version, the English version of this post shall prevail.Additional promotion terms and conditions can be accessed here.

$BTC



Bitcoin recently broke bearish and is moving lower with force. A strong bearish day yesterday produced and confirmed a strong lower high. A lower high can lead to a lower low. Let's dive into this chart and see where prices are headed.

Will Bitcoin move to $95,000, $90,000 or is the crash set to happen all the way down to $40,000?

The crash on the 7-Jan. produced the highest volume (that being bearish/red) since the 5th of December. Here we have the start of bad news.

On the 4H timeframe, we can see bearish volume also being predominant for more than a month.

There was hope, yesterday, some hope, but this hope is being erased by reality. The reality is that there was no recovery the next day, today. Since the 7-Jan. drop was extremely aggressive and confirms a lower high, a lower low is possible next.

That's the chart in simple terms as it is now.

Nothing can confirm or guarantee that Bitcoin is moving past 92 or 90K. So far, the action we are simply seeing points at a retest of support.

There is still potential for this move to end as a higher low. If this happens, the bulls win and this has happened before; think long-term. On the other hand, if Bitcoin continues lower, prepare for a crash, but it isn't likely that Bitcoin will hit 40K. That's the catch. A recovery will happen within days.

Remain calm, tranquil and collected.
This is a buy opportunity. The last one before the major 2025 bull-market.

Thank you for reading.

Namaste.

Note🚨🚨
Bitcoin's sideways trading range continues to be between $90,000 and $100,000. Market conditions will remain the same as long as $90,000 remains unmolested on the weekly timeframe. If it breaks, looks for $80,000 monthly as the next support.

Note🚨🚨
It is indeed moving lower but when all is set and done this will likely end as a false breakdown. Hold. One Bitcoin = One Bitcoin. No worries, keep calm.