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 zoneBreaking 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.