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Technical analysis by tradecitypro about Symbol BTC on 1/6/2026

https://sahmeto.com/message/4041133
tradecitypro
tradecitypro
Rank: 31185
1.2

TradeCityPro | Bitcoin Daily Analysis #257

Neutral
Price at Publish Time:
$93,752.28
،Technical،tradecitypro

👋 Welcome to TradeCityPro! Let’s move on to Bitcoin analysis. The strong bullish trend of Bitcoin is still continuing. ⏳ 1-hour timeframe Bitcoin is still continuing its bullish trend, and yesterday, after breaking 93,149, it continued its move up to 94,478. 🔔 At the moment, after a pullback to the 93,149 area, Bitcoin is once again moving toward 94,478. 📊 Buy volume has not increased significantly yet, and in my opinion, if the price is going to break 94,478, buy volume also needs to increase. 🧮 For now, we can consider the break of 94,478 as a trigger for opening a long position. In my opinion, as long as the price stays above 93,149, this trigger is a very good one for long positions. ⛏ However, if the price consolidates below 93,149, we will get confirmation of the end of the bullish wave, and in that case, Bitcoin can correct down to lower areas such as 91,585 and 91,118. 💥 For a trend change, after the price consolidates below 93,149, we can get confirmation of a bearish trend in Bitcoin by forming lower highs and lower lows based on Dow Theory. ❌ Disclaimer ❌ Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel. Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.

Source Message: TradingView
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