Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

As of January 9, 2025, the trading price of BTC (BTC) is approximately $94,870, a decrease of about 2.20% from the previous trading day.


Technical analysis shows bearish trends in multiple time frames:
15-minute time frame: The breakthrough of horizontal support line and the bearish price crossover of adaptive moving average line indicate a bearish outlook.
1-hour timeframe: The channel support has been broken, and the price has fallen below the pivot point, indicating a possible further decline.
Daily timeframe: Indicators such as MACD crossing below its moving average and momentum turning negative have reinforced bearish sentiment.
The determination of support and resistance levels is as follows:
Support levels: $97,500, $97,000 and $96,500.
Resistance levels: $98,500, $99,000 and $99,500.
In addition, as of 4:45 a.m. on January 7, 2025, the BTC investor signal has turned to 'buy zone', indicating that the BTC price is considered oversold.
Please note that the cryptocurrency market is highly volatile, and trading signals may change rapidly. It is very important to conduct thorough research and consider your risk tolerance before making any trading decisions.
BTC1.5%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
Swindlervip
· 01-09 00:27
Ambush hundred times coin 📈
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)