Bitcoin price expectations (BTC) on January 25

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Bears returned to the game at the beginning of the weekend, according to Coinstats.

Bitcoin/USD
Bitcoin price (BTC) has decreased by 0.64 % since yesterday.

On the chart per hour, the BTC price rises after the false penetration of local support of $ 104,135. If the daily tape is closed away from that mark, there is an opportunity to test the level of resistance by tomorrow.

On the larger time frame, neither bulls nor bears are dominated. The price of the main cryptocurrency is located within yesterday’s tape, which means that either of the two parties has not yet taken the initiative.
In general, the constant cohesion around the current prices is the most likely scenario.

From the mid -term point of view, the BTC price made a false penetration of the resistance of $ 108,353. If the weekly tape is closed with a long wallet, the landmark may return to the game, which may lead to a decrease to the $ 100,000 region.
Bitcoin is traded at $ 10,930 at the time of publication.