Bitcoin Technical Analysis 01-31-21

By xuanling11 | Crypto Learning | 1 Feb 2021


I changed my format into more inforgraphic style.

Technical Analysis

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Bitcoin Value =  $30k ~ $36k and my position is Long.

Here is the road map:

3cb2d8dd1aca96c45eb2db9ff701831e954bc57f6e2be1b26f9505b6e17037f2.png

A mentioned yesterday, the price action is downward trend and I see the volatility increase is coming market uncertainty increase with sideways trading.

 

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Most Bullish News 📈

Visa starts its digital gold position

It indicates that Bitcoin continue attracting institutional buyers.

Most Bearish News 📉

Minors outflows with lack of profits

It indicates that Bitcoin transaction will impact and price may come to reduce.

 

If you want to support my work, you can click like bottom below!

If you want to receive daily analysis, you can PM me at [email protected]

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Here are summary of general forecast of this week of economy and market:

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Thanks for reading and see you tomorrow!

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You can reference my previous Bitcoin analysis here:

Bitcoin Technical Analysis 01-07-21📈

Bitcoin Technical Analysis 01-08-21📈

Bitcoin Technical Analysis 01-09-21📉

Bitcoin Technical Analysis 01-10-21📉

Bitcoin Technical Analysis 01-11-21📉

Bitcoin Technical Analysis 01-12-21📈

Bitcoin Technical Analysis 01-13-21📉

Bitcoin Technical Analysis 01-14-21📈

Bitcoin Technical Analysis 01-15-21📉

Bitcoin Technical Analysis 01-16-21📉

Bitcoin Technical Analysis 01-17-21📉

Bitcoin Technical Analysis 01-18-21📈

Bitcoin Technical Analysis 01-19-21📈

Bitcoin Technical Analysis 01-20-21📉

Bitcoin Technical Analysis 01-21-21📉

Bitcoin Technical Analysis 01-22-21📈

Bitcoin Technical Analysis 01-23-21📉

Bitcoin Technical Analysis 01-24-21📉

Bitcoin Technical Analysis 01-25-21📈

Bitcoin Technical Analysis 01-26-21📉

Bitcoin Technical Analysis 01-27-21📉

Bitcoin Technical Analysis 01-28-21📈

Bitcoin Technical Analysis 01-29-21📈

Bitcoin Technical Analysis 01-30-21📉

You can reference my Bitcoin methodology here and here.

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You can reference my previous Ethereum analysis here:

Ethereum Technical Analysis 01-07-21📈

Ethereum Technical Analysis 01-08-21📉

Ethereum Technical Analysis 01-09-21📈

Ethereum Technical Analysis 01-10-21📉

Ethereum Technical Analysis 01-11-21📉

Ethereum Technical Analysis 01-12-21📈

Ethereum Technical Analysis 01-13-21📉

Ethereum Technical Analysis 01-14-21📈

Ethereum Technical Analysis 01-15-21📉

Ethereum Technical Analysis 01-16-21📈

Ethereum Technical Analysis 01-17-21📉

Ethereum Technical Analysis 01-18-21📈

Ethereum Technical Analysis 01-19-21📈

Ethereum Technical Analysis 01-20-21📉

Ethereum Technical Analysis 01-21-21📉

Ethereum Technical Analysis 01-22-21📈

Ethereum Technical Analysis 01-23-21📈

Ethereum Technical Analysis 01-24-21📈

Ethereum Technical Analysis 01-25-21📈

Ethereum Technical Analysis 01-26-21📉

Ethereum Technical Analysis 01-27-21📉

Ethereum Technical Analysis 01-28-21📈

Ethereum Technical Analysis 01-29-21📈

Ethereum Technical Analysis 01-30-21📈

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You can reference my previous Dogecoin analysis here:

Doge Analysis 12-28-21📈

Doge Analysis 01-01-21📈

Doge Analysis 01-02-21📈

Doge Analysis 01-11-21📉

Doge Analysis 01-28-21📈

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You can reference my previous Cryptomarket forecast analysis here:

Crytomarket Weekly Overview and Forecast 01-15-21 to 01-22-21🔥🔥

Crytomarket Weekly Overview and Forecast 01-22-21 to 01-29-21🔥🔥

Crytomarket Weekly Overview and Forecast 01-29-21 to 02-05-21🔥🔥

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Disclosure: I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose cryptocurrencies are mentioned in this article. This information is only for educational purposes.

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