⭐️BTCUSD: forecast for Jan 17-Jan 23

⭐️BTCUSD: forecast for Jan 17-Jan 23

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

➡️ Bitcoin sentiment remains negative. The price continues to be inside the downtrend channel , that indicates the current dominance of sellers. There is no need to think about recovery now, more of a tendency to look for entry points to sell. And such an area is located near the resistance level of 46148.75$. The main target for sellers this week will be 39498.30$. However, potential targets lie at the levels of 35702.70$ and 33147.40$.

💡As for a more global forecast for the coin, it all looks something like this:

The price area near the $37000 level is strong support for a potential upside move and new all-time Bitcoin prices.

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