2026-01-14 02:00:35

1.14 Wednesday Intraday Market:

Bitcoin's early morning trend continued to rise after the CPI data release, supported by momentum and subsequent gains in US stocks and speeches, breaking through approximately 96,700. Currently, it retraced to around 95,200 with sideways movement. The daily closing candle is a large bullish candle, with momentum increasing and closing lower, opening at 95,394. The four-hour timeframe shows continuous bullish momentum with five consecutive bullish candles. It is operating above the upper band, with the hourly timeframe showing decreasing bullish volume and three consecutive bearish candles, indicating a partial retracement and short-term pullback. The current trend is upward; operationally, focus remains on momentum, and buying on dips is recommended.

Wednesday Intraday:

Market around 94,800-94,300 with momentum. Target around 96,300-96,800.

Market around 3,310-3,285 with momentum. Target around 3,360-3,385.

BTC3,05%

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