Analysis Cryptos Support & Resistance

On January 12, 2023, BTC hits upside target – Update

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A picture representing analytics can be seen below:


The BTC/USD currency pair has gone up as I had anticipated and its value has achieved the initially planned upside objective at the rate of $18.000. Upward momentum still remains strong.

Advice on trading:

The market is showing signs of strength, indicating a possible move towards higher levels.

Be alert to potential

buying chances that might show up in the intraday dips, with a target cost of $20.000.

The MACD oscillator is demonstrating recent bullish momentum, a powerful indication that buyers have the upper hand.

The price for the key support is established at $17,000.