Market Update - Once again Bitcoin has seen $106.5k acting as daily…

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Market Update -

Once again Bitcoin has seen $106.5k acting as daily resistance with another exact rejection from the Previous Week High. The market is in an undecided position here and I would advise to have extra caution in positions or remain patient. If the resistance is not broken soon then we could sweep under $100k again, potentially even mid $90k.

Donald Trump is speaking at the World Economic Forum today (approx 4pm UTC) which could cause volatility. Keep an eye for 4hr closes holding $99.5k (Monday Low.)
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January 23, 2025 169