January 22, 2026

btc 6-3 update ~

btc 6-3 update ~

btc 6-3 update ~

BTC 6-3 update ~

BTCUSDT Perpetual Contract BYBIT:BTCUSDT
Eloquent


btc 6-3 update ~

the dip we saw today was highly controlled,
came back down perfectly into the local golden zone.

•strong bullish divergence persists on the higher time-frames.
•we’re in a squeeze for 9 straight days now.
•daily rsi is backtesting the moving average from above ( bullish ).
•people are real scared right now,
•lot of bears,
•most are short, or in cash.

—-

give me 1 reason why btc won’t see a strong move up in the days ahead?

—-

if we’re playing out a simple zig-zag in this local region, the target on that sits at 33.6k
if it decides to play out a 5 wave impulse, wave 3 target sits at 37.2k (40k for w5).

i’m pretty bullish on crypto as a whole right now, and i’m expecting some kind of move up, which will be quite sporadic, and potentially short lived.

—-

ps. if the squeeze happens to trigger to the downside, a very powerful move will take us down to 23k ; stoploss is important over here.

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