Technical analysis by otantikripto about Symbol BTC on 1/31/2022

In the short term, if bitcoin 38700 is exceeded and remains above this level, the channel target will be around 47k. If the channel is not exceeded, $31K will be a critical level. If there is an increase above the channel, the 47k level also coincides with the 100-day moving average. There may be selling pressure here, but a needle may also come to $51k to explode short positions...