January 26, 2026

BITCOIN BROKE DOWN RISING CHANNEL, TRADING PLAN IS CHANGED

BITCOIN BROKE DOWN RISING CHANNEL, TRADING PLAN IS CHANGED

BITCOIN BROKE DOWN RISING CHANNEL, TRADING PLAN IS CHANGED

Bitcoin BROKE DOWN RISING CHANNEL, TRADING PLAN IS CHANGED

Bitcoin / TetherUS BINANCE:BTCUSDT
YMGroup


BITCOIN BROKE DOWN RISING CHANNEL, TRADING PLAN IS CHANGED

Hello TradingView community and my subscribers, please if you like ideas do not forget to support it with your like and comment, thank you so much and we will start.

Today I want talk with you about BTC chart.

My previous trading idea with rising channel and falling wedge is invalid.

As you can see price broke down support line at 38k and not trades around 32k.

At this moment what I can say, bitcoin in bad humor.

Current resistance zone is 33500-34500 around 34k resistance level .

And next support zone 31000-29000, so my plan is next.

I think btc can make pullback/correction to resistance zone around 34k

And after pullback continue to fall and touch support zone 31-29k

So, I’m waiting for this scenario.

This is my opinion, I really hope this will be useful for you.

Be ready and take care your money. Have a great profit !

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