January 28, 2026

BITCOIN AT $47K RESISTANCE.

BITCOIN AT $47K RESISTANCE.

BITCOIN AT $47K RESISTANCE.

Bitcoin AT $47K RESISTANCE.

BTC/USD COINBASE:BTCUSD
Dexter_The_Trader


BITCOIN AT $47K RESISTANCE.

Hello people, welcome to this quick update on BTC .

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BTC bounced back from the $44.6k support level and it is currently facing resistance at $47k. In order to rally higher, BTC must get rid of $47k and $48k resistance levels. If BTC breaks through these resistance levels then $52k will be the next target. This means the USDT Dominance will break down its 3.77% strong support level . If at all BTC breaks down then $44.6k will still hold as support for BTC .

Altcoins on the other hand stood strong during the retracement. Looks like April 2022 (the beginning of the 2nd quarter) will be good for the market.

I will update more on this until then stay in touch and trade safely.

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