empty
 
 
18.01.2022: Forex Analysis & Reviews: Trading plan for Bitcoin for January 18, 2022
loader
Forex forecast 01/07/2026: EUR/USD, USD/JPY, GBP/USD, SP500, OIL, BTC
2026-07-01 UTC+3
Forex forecast 29/06/2026: EUR/USD, USD/JPY, GBP/USD, SP500, OIL, BTC
2026-06-29 UTC+3
Forex forecast 26/06/2026: EUR/USD, USD/JPY, GBP/USD, SP500, OIL, BTC
2026-06-26 UTC+3
Forex forecast 25/06/2026: EUR/USD, USD/JPY, GBP/USD, SP500, OIL, BTC
2026-06-25 UTC+3
Forex forecast 24/06/2026: EUR/USD, USD/JPY, GBP/USD, SP500, OIL, BTC
2026-06-24 UTC+3
Forex forecast 23/06/2026: EUR/USD, USD/JPY, GBP/USD, SP500, OIL, BTC
2026-06-23 UTC+3
Forex forecast 22/06/2026: EUR/USD, USD/JPY, GBP/USD, SP500, OIL, BTC
2026-06-22 UTC+3
Forex forecast 19/06/2026: EUR/USD, USD/JPY, GBP/USD, SP500, OIL, GOLD, BTC
2026-06-19 UTC+3
Forex forecast 18/06/2026: EUR/USD, USD/JPY, GBP/USD, SP500, OIL, BTC
2026-06-18 UTC+3
Forex forecast 17/06/2026: EUR/USD, USD/JPY, GBP/USD, SP500, OIL, BTC
2026-06-17 UTC+3
Forex forecast 16/06/2026: EUR/USD, USD/JPY, GBP/USD, SP500, OIL, BTC
2026-06-16 UTC+3
Forex forecast 15/06/2026: EUR/USD, USD/JPY, GBP/USD, SP500, OIL, BTC
2026-06-15 UTC+3
Forex forecast 12/06/2026: EUR/USD, USD/JPY, GBP/USD, SP500, OIL, BTC
2026-06-12 UTC+3
Forex forecast 11/06/2026: EUR/USD, USD/JPY, GBP/USD, SP500, OIL, BTC
2026-06-11 UTC+3
Forex forecast 10/06/2026: EUR/USD, USD/JPY, GBP/USD, SP500, OIL, BTC
2026-06-10 UTC+3
Forex forecast 09/06/2026: EUR/USD, USD/JPY, GBP/USD, SP500, OIL, BTC
2026-06-09 UTC+3
Forex forecast 08/06/2026: EUR/USD, USD/JPY, GBP/USD, SP500, OIL, BTC
2026-06-08 UTC+3
Forex forecast 05/06/2026: EUR/USD, USD/JPY, GBP/USD, SP500, OIL, BTC
2026-06-05 UTC+3

analytics61e6950645ef0.jpg

Technical outlook:

Bitcoin has dropped below $42,000 handle at the time of writing as it could be testing potential low around $41,500 mark. The crypto might bounce back strongly if bulls are able to hold prices above $39,000 level. A push above $45,000 will accelerate further towards $48,000 and $52,500 as bulls remain poised to regain control.

Bitcoin had dropped through $39,000 mark earlier before finding some support. Please note it is just below the Fibonacci 0.618 retracement of the upswing between $28,800 and $67,000 levels respectively. If the above structure holds well, bulls would be inclined to push higher towards $75,000 at least before producing a meaningful pullback.

Only a consistent break below $39,000 will drag prices lower towards $28,800 mark. In that case, the trend would be considered to have turned lower. For now, watch for a strong rally towards at least $48,000 levels to confirm bulls are back in control.

Trading plan:

Potential rally towards $52,000 against $38,000

Good luck!

*Disclaimer: The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Oscar Ton,
Analytical expert of InstaForex
© 2007-2026
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $4000 more!
    In July we raffle $4000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS
Can't speak right now?
Ask your question in the chat.
Widget callback