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[BulletBot-v2.0] 01/05/2023 - 15:18:00 (UTC)
Bitcoin Bullets Market AnalysisJanuary 5, 2023
TECHNICAL (4H)While most of the market remains neutral and silent, we can start seeing small but significant iincreases in volume for a couple of alts and smaller Sicilian picks. This could start leading the market in the next couple of weeks, however, we still need either a bullish confirmation above $18,500 ofr a bearish confirmation below $16,500, after which we'll update.
SENTIMENTOnce again, mid and long term sentiment remain pretty much the same, with no important changes seen over the last few weeks, howeer, short term sentiment is starting to show some very slight but important signs of bullishness, which could end up getting us the overal market breakout we've already mentioned, enough to move BTC above $19,000 and alts to new short and potentially mid term highs.
WRAP-UP (VIP)Sicilian positions (including spot and lower leverage mid/long term positions) remain in place along their lower orders, considering OTC market conditions and the fact that the market is looking very bullish (in terms of overall potential) on much higher time frames. We'll be updating on even more high potential and high probability positions.
$BTC DAILY RANGE: Upper Limit: 17,692
Lower Limit: 16,102
(+-15% based on moving average volatility open/end points)
SCALP ENTRIES (VIP)(*Advanced traders only - moderate/high risk)
LONG 15,683
SHORT 18,602
Bitcoin Bullets Trading
