Analysis Cryptos Support & Resistance

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

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.

Andrew Johnson is a seasoned journalist with a keen interest in the commodity market. He is a regular contributor to, where he covers the latest news, trends, and analysis related to the commodity industry. With years of experience under his belt, Andrew has established himself as a reliable source of information on the global commodity market.