#BTC Analysis for 01/24 📊

The sideways action we've been dealing with lately has morphed into a triangle pattern — the lows are creeping up while the highs are dipping down.

❗️This setup could be a bullish flag, signaling the uptrend might continue. But you can only call it if the price totally smashes through the upper boundary and then goes even higher than the ATH. For now, though, it's looking pretty solid.

⚠️Trump's been on a signing spree: he's lifted all the restrictions on crypto in the US and signed an order to create a crypto council to handle a crypto reserve. These moves are keeping BTC from dropping below 100K and are currently pushing the price up against resistance.
#BTC