Bitcoin Technical Analysis : BTC/USD 16 January 2025

Forex Technical Analysis : BTCUSD (Bitcoin)

Date : 16 January 2025

Momentum : Up

First Scenario : long positions above 99,304.43 with targets at 100,248.48, 100,912.00 and 101,616.82

Second Scenario : short positions below 99,304.43 with targets at 98,575.36, 98,097.96 and 97,544.86

Comment : There is no clear trend in the price movement.

Supports and resistances :

101,616.82 **
100,912.00 *
100,248.48
99,808.35 - Last price
98,575.36
98,097.96 *
97,544.86 **

Warning : This information is not a buy-sell signal.