Bitcoin Update 1/16/23 Bitcoin has been on a run - however I still would not chase it here . It’s resistance is $21,500. It is at $21,150 as I write So if it continues up and stays above $21,500 the down trend has weakened so the next resistance is $25,200 So even though long term still looks bearish - short and medium term is neutral right now .

Posted by Suze at 2023-01-17 00:35:28 UTC