January 24, 2026

Capitalizations Index – B ∞/21M

BTC: $4,200 on the way or a pullback is coming?

Btc: $4,200 on the way or a pullback is coming?

BTC: $4,200 on the way or a pullback is coming?

Btc: $4,200 on the way or a pullback is coming?

bitcoin not only broke through the upper level of the ascending corridor but also went beyond the upper line of the global descending channel . This picture is observed on all exchanges. In addition, the formation of a large triangle was completed, the upper corner of which coincided with the global resistance level . This makes the situation clear for the coming week but completely confuses even in the medium term.

Taking into account technical and fundamental analysis , the price should already go down: bitcoin has surpassed expectations by at least $100 and is still dragging up on minimal volumes. It will be more accurate to say that it is being artificially pulled, although it is not yet clear who is doing this and why. This cannot last long: the technical signals prevail, and the nerves of small investors are not iron.
In addition, the share of BTC dominations is stagnating near 50%.

Attempts to take profits back the price in the corridor and pull the impulse of global reversal. But after touching the principal level of $4,000, a new reversal may happen and an attempt to restore growth will occur.

Published at Tue, 02 Apr 2019 04:18:46 +0000

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