Technical analysis by alfi77111 about Symbol BTC: Buy recommendation (1/14/2024)

Hello: Simple and Short : Bitcoin Trend obviously is Bullish. There is a good Demand area right now near 41150 - 42400 . Breaking 44000 is a confirm key for touching 45550 - 47000 . If price looses this support next area would be 39270 - 39850 . loosing 39200 would have changed the trend to Bearish.Price has touched lower Demand zone Breaking 42200 is a confirmation for a move to 43200 - 44000 . Then 45550-47000 as I told before.Price has touched the target area ( 43200 - 44000). Next would be 45550 - 47000 . loosing 42800 is a signal for changing the direction.