January 28, 2026

Bitcoin Price: Support and Resistance

Bitcoin Price: Support and Resistance

BTC/USD COINBASE:BTCUSD



Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Bitcoin ( BTCUSD ).

I placed multiple Support and Resistance trend lines on the chart. Support is shown with the S and Resistance is shown with the R. I also showed the Fibonacci Retracement levels specifically the next possible support at 0.50 level in case Bitcoin price keeps falling.

If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.

Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don’t trade based on my advice. Do your own research! #cryptopickk

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