Technical analysis by CryptoBatez about Symbol BTC on 1/16/2025

Bitcoin has a measured move to 120k but 108k would be a lot of liquidity. Could see the pump then retest its unclear right now.Daily S RSI still climbingBy 108k it could be Monday then create a bullish retail pattern to climb higher, as there will be a lot pf uncertainly when Trump is in. He could straight away put bitcoin to the works or have other things to fix first. Its just speculation at this point.Trumps inauguration 20th JanBuy the rumor sell the newsJust need a good daily close above trendline Res, setting up trades at the 21EMA is ideal however i missed that!Good luck to all!