FX.co - BTC analysis for January 25,.2022 - Sideways mode

2022-01-25T12:43:47

Relevance until2022-01-26

Technical analysis:

BTC analysis for January 25,.2022 - Sideways mode

BTC/USD has been trading sideways in last 24 hours. I see the consolidation day today and potential for another breakout.

Trading recommendation:

If you see the breakout of resistance at thee price of $37,600, watch for upside opportunities with the upside objective at $39,565

If you see the downside breakout of support at $33,000, watch for selling opportunities with objective at $30,150

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Petar Jacimovic

FX.co ★ BTC analysis for January 25,.2022 - Sideways mode