Bitcoin 30-Minute Chart – Buy the Dip Opportunity?

anteontem

📉💡 The first Bitcoin chart of the year brings us a sharp dip right after a fake-out near $102,150. Despite the volatility, Bitcoin remains within a well-defined ascending channel that has held since November 11.

🔍 Key Levels to Watch:
1️⃣ $93,311 – Channel support (current bounce area).
2️⃣ $102,150 – Immediate resistance.

🚀 The Setup:
The dip may present a buying opportunity as long as Bitcoin stays within the channel. A move back toward the midline or upper channel boundary seems likely if the structure holds.

⚠️ Market Context:

Recent dip caused by macroeconomic fears: Fed policy, inflation concerns, and geopolitical noise.
The channel’s structure suggests continuation, barring unexpected breakdowns.
💡 Stick to the trend: Buying dips near support levels has been the winning strategy within this channel so far!

🌟 Do you see this as a solid buy opportunity, or are you waiting for confirmation? Share your thoughts below!

One Love,
The FXPROFESSOR 💙