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Bitcoin Daily Setup - January 13
Checking BTC price action this morning. Got a few key levels on the radar that could shape how the day unfolds—watching to see if we hold support or push higher from here.
Scenario A: If BTC respects the support zone, I'm looking for a potential bounce into resistance. Plenty of liquidity up there.
Scenario B: Break below support and we could see acceleration toward the next lower level. Will keep an eye on volume confirmation.
Trading the daily is all about spotting these inflection points early. Momentum can shift fast, so I'm monitoring order flow and key price reactions throughout the session. Where are you watching on the chart today?