January 19 Bitcoin Market Outlook

After a rapid decline to the 91,800 level, the price found support, and the short-term decline has been exhausted, indicating a need for technical correction.
​
On the 4-hour chart, the price has touched below the lower Bollinger Band. Combined with the Bollinger Band channel pattern, the lower band is usually an important short-term support level, and the price has the momentum to return to the middle band.

Bitcoin Trading Suggestion: During the pullback near 92,500-91,800, consider buying; target around 93,800-95,000.