Bitcoin Technical Analysis : BTC/USD 31 January 2025

Forex Technical Analysis : BTCUSD (Bitcoin)

Date : 31 January 2025

Momentum : Down

First Scenario : short positions below 104,808.97 with targets at 103,294.39, 101,758.84 and 100,208.50

Second Scenario : long positions above 104,808.97 with targets at 106,503.81, 108,057.71 and 109,580.20

Comment : The price movement is no clear trend.

Supports and resistances :

109,580.20 **
108,057.71 *
106,503.81
104,672.29 - Last price
103,294.39
101,758.84 *
100,208.50 **

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