Technical analysis by Patrick2707 about Symbol BTC on 1/14/2025

Here is a quick update on BTC and its current price action. First of all, I hope all of you guys have been in good health and form. We've had some interesting overall moves on ALL markets as a result of the current financial, monetary and tariffs uncertainties. Regardless, these are mere 'noises' and the overall charts will SHOW YOU ITS HAND, so be prepared and follow it. Let's see how BTC is currently trading and what is at play for the coming weeks. We are back in the HTF FVG (yellow box). The line in the sand if you will, for those always seeking a 'when do I know my longs are no longer valid' folks. IF we hold the current levels expect us to trade back towards 90K - 100K. IF we fail to hold the current sellside sitting around 80K expect us to revisit 75K-70K. As always no need to front run the market. BE PATIENT, POSITION YOURSELF AND TRADE THE CHARTS. I fully understand it may be all 'new' to some of you guys, troubling to others and even frightening at times. BUT the market will SHOW YOU ITS HAND. Do not allow yourself to be distracted or influenced by outside sources. TRUST YOUR SYSTEM. Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.