Bitcoin Technical Analysis : BTC/USD 7 January 2025

Forex Technical Analysis : BTCUSD (Bitcoin)

Date : 7 January 2025

Momentum : Up

First Scenario : long positions above 101,525.66 with targets at 102,798.16, 103,687.62 and 104,566.40

Second Scenario : short positions below 101,525.66 with targets at 100,606.91, 99,903.25 and 98,991.89

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

Supports and resistances :

104,566.40 **
103,687.62 *
102,798.16
101,841.86 - Last price
100,606.91
99,903.25 *
98,991.89 **

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