The bitcoin price is bounded above by the 23 percent and 38 percent Fibonacci retracements on the monthly and weekly charts and bounded below by the 38 percent retracement on the monthly, weekly AND daily charts. These zones are like magnets that attract the price then repel it when it gets too close. You will observe the same price behaviour around key psychological levels in uncharted price territory....
The triangle on the hourly chart has until the super (at perigee) moon on January 31 to resolve up or down:
more:
https://btcmanager.com/bitcoin-price-analysis-january-17s-new-moon/
