Technical analysis by RighteousTA about Symbol BTC on 1/26/2024

Sharing a zoomed out view of Bitcoin on the daily chart. A few things to point out are the purple channel., orange wedge that creates a trend line into a pocket near $31,700, approaching the 0.382 Fib, and hidden bullish divergence.Purple channel has stayed in play, moving toward 0.618 Fib.