Technical analysis by arzdigitalistha about Symbol BTC: Buy recommendation (1/17/2025)
https://sahmeto.com/message/3172455

arzdigitalistha
Rank: 5995
Analytical Power:
1.6

🔹 Bitcoin has finally broken the **key resistance at 104K** after **a month of ranging between 90K and 104K**, signaling the end of its consolidation phase.🔸 This breakout coincides with a major fundamental catalyst— he inauguration of the new U.S. President (Trump) on January 20*—bringing renewed optimism and buying interest into the market.🔸 Entry Zone: 104K to 106K 🔸 First Target: 122K 🔸 top Loss: 97K 💥 *Technical and Fundamental Convergence: The combination of a critical resistance breakout and significant political events sets Bitcoin on a clear path toward its next major target of 122K.📈 Don’t miss this powerful opportunity—Bitcoin is ready for another explosive rally!
Translated from: English
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Signal Type: Buy
Time Frame:
4 hoursProfit Target:
$122,145Price at Publish Time:
$103,837.14