Technical analysis by WiseAnalyze about Symbol BTC on 1/9/2025

Seven 8H bear candles in a row... approximately 1 billion liquidations in longs alone within past two days. BTC finally dipped below 2024 close ✅ I still believe that BTC should bounce back to +/- 98k. At least while market moves sideway (for the past 2 months) its justified to expect price to stay within the range (until it is broken). Previous consolidation stage took more than 8 months, so I hope this time it won't be that extended.If that consolidation range will get broken, correction target is pointed by multiple factors: CME gap + 2024 VAH + developing Week 20sma - it all comes to +/- 80kNearest liquidity pools:above - 93850 / 95750 / 96710 / 97350below - 92540 / 92025 / 91065 / 89590Lines on the chart:🔸99660 - November high🔸98340 - week close 🔸97843 - Q4 VAH🔸96475 - November close🔸93549 - 2024 close🔸91510 - week low🔸90200 - December lowTrend: D ➡️ W 🔼 M 🔼🤑 F&G: 69 < 70 < 78 < 76 < 72