Bitcoin (BTC) Ranges thaum pw tsaug zog ua lag luam

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BTC / USD Txoj Kev Sib Koom Tes Ntev: Bullish
On January 19, the bulls tested the $9,200 resistance level and were resisted. The coin fell to a low of $8,400. The bulls could not sustain hold above the higher price level. Later it pulled back to $8,600 and resumed a range-bound movement. The range-bound movement is ongoing as the price movement is insignificant.

If the price falls to a low of $8,200, it may form strong support. On the upside, a bounce from such strong support will push the coin to the high of $9.500 or $10,300 price level. On the downside, if the bears sink the coin and it reaches the low of $7,800, BTC is likely to resume the downtrend.

BTC / USD - Daim Ntawv Qhia Txhua Hnub

Qhia Txog Cov Lus Qhia Txhua Hnub Nyeem:
The market is trading below 80% range of the daily stochastic. It indicates that BTC is falling and it is in a bearish momentum. The coin has been trading in the overbought region when the selling pressure begins.

BTC / USD Kev tsis ncaj ncees thaum lub sij hawm nruab nrab: Bullish
On the 4 –hour chart, Bitcoin is fluctuating between $7,000 and $7,600 before the upward movement. After the initial fluctuations, the bulls broke the $7,600 but were stopped at $8,400. The resistance at $8,400 was breached as the bulls moved up to reach the previous highs.

BTC / USD - 4 Teev Sijhawm

4-teev Daim Ntawv Qhia Qhia Kev Nyeem
The Relative Strength Index period 14 level 45 indicates that Bitcoin is in a range bound zone. The market is trading in a sideways trend as the price bars are forming in a horizontal pattern. If the price bars begin to form below the EMAs, the selling pressure may begin.

General Outlook rau Bitcoin (BTC)
In the last 48 hours, the price movement has remained the same as the market continues its fluctuations. Bitcoin price has not changed as the coin is neither falling nor rising. It is likely the coin may encounter a breakout or breakdown. A breakout at the current price level will push the coin above the $9,200 price level. A breakdown at the current price level will sink the coin below $8,200.

BTC Kev Teeb Npe Kev Lag Luam
Ntsuas: BTC / USD
Txim: Yuav
Tus nqi nkag: $ 8,600
Nres: $ 8,000
Lub Hom Phiaj: $ 9,500

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Azeez Mus

Azeez Mustapha yog tus kws tshaj lij kev lag luam, tus kws tshuaj xyuas nyiaj txiag, teeb tsa tus tswv yim lag luam, thiab tus tswj nyiaj txiag nrog ntau dua kaum xyoo ntawm kev paub dhau los hauv kev lag luam nyiaj txiag. Raws li blogger thiab tus sau nyiaj txiag, nws pab cov tswv lag luam nkag siab cov ntsiab lus nyiaj txiag nyuaj, txhim kho lawv cov peev txheej peev txheej, thiab kawm paub tswj hwm lawv cov nyiaj li cas.

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