BTC bullish to new highs?

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BTC is in a nice declining volume consolidation that looks like it wants to continue to 23,800 on a break out. This is my primary view, but if it breaks down, I will look for 22,293. In general, I think 30k is likely but 25k is the mid term target with a pull back. THe stock market has been much more bullish than anticipated and can help crypto breath for the short-midterm.

٢٩ يناير ٢٠٢٣

ملاحظة

this declining volume is most clear on the daily

٢٩ يناير ٢٠٢٣

ملاحظة

My overall thought process is that BTC has been in a declining volume falling wedge thats traditional target is 30k. SOme of the volume buy spikes are just starting to come in on the break out

٢٩ يناير ٢٠٢٣

ملاحظة

Here is the view on the monthly I think the volume profile is the clearest from here