Bitcoin. What's next? Tech analytics 01/20

The week closed not very good for long positions, we carried out a resistance test and so far we have been able to pass

It will be indicative where the month closes, it is optimal to go above 45k

While we are moving into the range under the level, it is not advisable for a growing trend to go below 40k

At the 8 hour time frame we are seeing convergence, there is a chance to move away from the support level at the current mark

I wouldn’t put much faith in the “dying” price, I expect the bulls to be able to break away from 40k

Otherwise, you can go for 30k