฿ Bitcoin New BTC Fundamental Report and BTC/USD Daily Video, January 29, 2024

Sive Morten

Special Consultant to the FPA
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18,673
Good morning,

First, here is our new January Fundamental report for BTC. Many traders ask when ETF rally on BTC will happen. And we have tried to answer on this tricky question.

So, our first upside target is perfectly completed - as 3-Drive "buy" as minor reverse H&S pattern on 1H chart. But, as we're watching for 45K as minimal target, we expect tactical bounce to 41-42K and then upside continuation with larger scale H&S:

 
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