Bitcoin greeted the year 2024 very well. Bitcoin welcomed the year 2024 with a beautiful candle and said hello. Before a wide beautiful candle, they crushed it to important places, there was suppression. I will continue to explain here from time to time unless there is a deterioration in the expanding triangle we call the expanding megaphone on the daily chart or unless there is a deterioration in this moving average discipline. The 21-day moving average discipline has never been broken. Only once did the 21-day moving average get a push. However, it stayed on top without sagging too much. In the downward movement towards 41000, we see that this 21-day moving average at 42000 is maintained, which is positive. In other words, since the 21-day moving average has not been broken since approximately 26000 and there has been no second close below it, the short-term mode still does not disrupt the upward discipline. Therefore, I can summarize the incident as follows. Bitcoin above 42000, which has a short-term track, continues its upward reading discipline since it is above the 21-day moving average, and the short-term targets of the movement above 42000 seem to maintain the targets of 46500 and 48500. Currently, in the technical discipline, unless there is a close below 42000, 46500 will remain the first target and 48500 will remain the short-term main target, especially unless there is a 4-hour and daily close. Below 42000, it triggers a correction towards 40400 - 39000. Therefore, the 42000 level will be followed as a trailing stop loss and follow flow level. As long as it remains above 42000, it will be necessary to continue reading Bitcoin with a target of 46500 - 48500 in short-term trading modelling. If you ask where there is an important resistance, the upward evolution may continue towards the 48500 Fibonacci target and the possible expanding triangle target of 50200. What the investor will pay attention to here is whether 42000 is broken or not. He will keep the downside in check with this to protect the downside or loss. My personal opinion is that bitcoin will encounter significant resistance in the 48500 and 50200 bands above.

Ounce gold daily chart completed 2148 - 1973 correction. It found support at its 55-day moving average and maintains its trend. I am currently reading Gold's ounce as a short-term support track for 2039 - 2021. Gold continues to stay above 2039 - 2021s, especially if it can surpass 2081, making 2081 a call and 2110 the main target. The ounce, which continues to stay above the 2039 and 2021 dollars, will keep the target of $2110, which is Fibonacci 78.6, on the radar. If the 2148 - 1973 exit will pass 2148 and possibly enter a new indulgence phase towards 2195 - 2200, we will pay attention to 2110. Ounce will either pass 2110 and enter the indulgence phase towards 2175 - 2190, or it will receive a correction from 2110. If it is above 2039 - 2021, it will be read up and 2110 will be considered the target in the short term. Depending on whether it is passed or not, it is necessary to take profit or stay in the game by increasing the stop loss. Just a side note here is to underline that whether a Redline 2110 is crossed or not will trigger either spoiling or correction in Ons. If 2110 is passed, it does not stop and says Welcome 2195.

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