top of page

BTCUSD Daily Market Analysis—January 24, 2025 by Kohinoor Free VIP Signals

Kohinoor Free VIP Trading Signals

💬 WhatsApp Kohinoor Free VIP Signals here for FREE Gold Forex Live Trade Setups & Market Analysis.


Current Market Overview

As of today, the live price of BTCUSD stands at $104,099. The cryptocurrency market is known for its volatility, and understanding the current market dynamics is crucial for traders.


Comprehensive Market Analysis

Support & Resistance Levels

Daily Time Frame:

  • Support Levels: $103,500, $102,000

  • Resistance Levels: $104,500, $105,500

4-Hour Time Frame:

  • Support Levels: $103,800, $103,000

  • Resistance Levels: $104,300, $105,000

Fibonacci Retracement Levels

Using Fibonacci retracement, the key daily swing levels are:

  • Retracement Level 23.6%: $104,500

  • Retracement Level 38.2%: $103,800

  • Retracement Level 61.8%: $102,500

Exponential Moving Averages (EMA)

Daily Time Frame:

  • EMA 50: $103,900

  • EMA 100: $103,200

  • EMA 200: $102,500

  • EMA 400: $101,800

4-Hour Time Frame:

  • EMA 50: $104,000

  • EMA 100: $103,500

  • EMA 200: $103,200

  • EMA 400: $102,800

RSI Divergence

The Relative Strength Index (RSI) is currently at 58, indicating that BTCUSD is neither overbought nor oversold. Watch for divergence signals to identify potential reversals.

Order Blocks

Identifying order blocks on the 4-hour chart reveals accumulation around the $103,800 level, suggesting a potential bounce if tested again.

MACD Analysis

The MACD line is above the signal line, indicating bullish momentum. However, traders should be cautious of potential pullbacks.

Fundamental Analysis

Upcoming USD News

Keep an eye on the upcoming Federal Reserve meeting next week, which could significantly impact BTCUSD prices. Market sentiment is sensitive to interest rate discussions, so stay updated on any announcements.


Here's the mind map based on your BTCUSD Daily Analysis for January 24, 2025:

💡 BTCUSD Daily Analysis Summary by Kohinoor Free VIP Signals – WhatsApp

🥇 Join our FREE Telegram Channel: @Kohinoorfreevipgoldforexsignals

Key Levels Summary:

  • Daily Support & Resistance: $103,500 / $104,500

  • 4-Hour Support & Resistance: $103,800 / $104,300

  • EMA Levels:

    • Daily: 50 - $103,900, 100 - $103,200, 200 - $102,500, 400 - $101,800

    • 4-Hour: 50 - $104,000, 100 - $103,500, 200 - $103,200, 400 - $102,800

  • Weekly Pivots: $103,500, $104,000, $104,500

  • Daily Pivots: $103,800, $104,200, $104,600

  • Fibonacci Levels: Key levels at $104,500, $103,800, $102,500


Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital, and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Please read and ensure you fully understand our Risk Disclosure. Not Financial Advice. Trade at your own risk. Take Partial Profits, Use Strict Stop Loss and Proper Risk Management.


FAQs

  1. Why is Kohinoor Free VIP Signals the best signal provider? Kohinoor Free VIP Signals offers not only FREE signals but also educational resources, daily market analysis, and ebooks. Learn more.

  2. Which brokers are trusted for Gold Forex Crypto trading? Based on client feedback, we recommend brokers like:

  3. What are the benefits of using trading signals? Trading signals provide insights and strategies that can help traders make informed decisions in the market.

  4. How can I improve my trading skills? Utilize educational resources like Free Gold Forex Trading Ebooks and articles from Kohinoor Free VIP Signals.

  5. What is the best time to trade BTC? The best time to trade BTC is during market overlaps, especially when both London and New York markets are open.

  6. How do I manage risk in trading? Always use stop-loss orders and consider your risk-to-reward ratio before entering trades.

  7. What is the difference between free and premium signals? Free signals provide basic insights, while premium signals often include more detailed analysis and personalized support.

  8. How often should I check my trading signals? Regularly check your signals, especially during market openings and significant news events.


Hashtags

Commenti


bottom of page