Bitcoin experienced a pullback today during the US session
This is also the first correction since the rebound from January 1st to January 6th
This correction was expected (see yesterday's outlook for details). Although Bitcoin did not immediately fall after touching 93,800, it hovered above 94 for a while before declining (market strength)
If it moves downward, the hope is to see a fill of the CME gap (around 90,000)
After a short-term gap fill, the next target is to push again into the 97-98 range
The most optimistic scenario (which I believe has less than a 50% probability) is a direct rise to 97-98 without filling the gap. If such a situation occurs and surpasses 102, I would consider shorting to 90k (possibly after this rebound ends)
SOL strengthened tonight, with ETF expectations bringing positive signals. If "relative resilience" is confirmed, the next target is around 160
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Market Outlook
Pullback Occurrence, BTC Expectations
Bitcoin experienced a pullback today during the US session
This is also the first correction since the rebound from January 1st to January 6th
This correction was expected (see yesterday's outlook for details). Although Bitcoin did not immediately fall after touching 93,800, it hovered above 94 for a while before declining (market strength)
If it moves downward, the hope is to see a fill of the CME gap (around 90,000)
After a short-term gap fill, the next target is to push again into the 97-98 range
The most optimistic scenario (which I believe has less than a 50% probability) is a direct rise to 97-98 without filling the gap. If such a situation occurs and surpasses 102, I would consider shorting to 90k (possibly after this rebound ends)
SOL strengthened tonight, with ETF expectations bringing positive signals. If "relative resilience" is confirmed, the next target is around 160
This article is sponsored by #BCGAME|@bcgame @bcgamecoin