Benjamin Cowen

Market Dip There could be a dip into the bull market support band sometime in February. Reason: Based on the pattern of price action and historical behavior.

Support Band If Bitcoin's price falls back into the bull market support band, the 20-week SMA would be at approximately $36,000 to $37,000, and the 100-week would be around $28,000. Reason: Based on current moving average levels and potential market movements.

Profit Taking Bitcoin risk levels reaching 0.6 to 0.7 prompt the speaker to take some profits off the table. Reason: Historical risk levels and personal strategy dictate this action.

Disclaimer: Not financial advice. For informational purposes only. Consult a professional for financial decisions.

Market Moves