Technical analysis by Mehrzad0 about Symbol BTC on 1/31/2024

#btc seems to follow this channel with every touch but 44k is a big res line but not invincible. maybe we break it soon ? dyor do you short or long here?so far it get rejected from the area of 44k as expected but it's not obvious the next move for me. let's seewell the below line is breaking now let's see if the price hold below it and remember we need a retest to make sure it's not a fake outthis is not a signal DYOR( do your own research) but I always appreciate your thoughtsvolume is coming.if it's a breakdown I see 40 even 39 k but DYOR. I do not have money to open any trade in so ...retest about to be done decision timelooks like a retest is done with good volume . it is not 100% tho need to wait a lil bit moreDXY is DUMPING hard which is " usually" a bullish sign. so be carful and always DYORretest is done volume was high dxy was in a weak position and now still looks like is weak seems like we might see 40 kas I thought ! dxy was weak out there now is back up above the res line and btc is well you are seeing it we may not go as low as 40 but let's see