Technical analysis by ATF_Trades_FX about Symbol BTC: Buy recommendation (1/31/2025)

ATF_Trades_FX

Disclaimer: This particular analysis is not a trading advice but a personal analysis. Greetings! my fellow traders share your thoughts on BTCUSD today.BTCUSD Price Today: 104000BTCUSD is ready to hit a new All Time High. After hitting All Time High Bitcoin remained stable and rejected lower areas during the phase of retest. Currently BTCUSD is working under the range of 98000 and 108000 and has been supported by the bulls and strong community. The devaluation of Dollar and Trump's constant support to BTCUSD can pump it up to hit a new All Time High. If we look the the chart, all h4 candles and d1 candles are supporting it where as the h4 sell candles are not giving closing below 104000. So according to my personal analysis market is bullish and can reach all time high without testing any resistance.Supporting Area: 102000, 100000Resistance Area: 106500, 110000Demand Zone: 110000, 112000Like, comment and support for more updates on BTCUSD.Thanks for your support and time