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Video: Bitcoin Price Prediction for January 2021 – 20% Drop a Buying Opportunity?

January 12, 2021 at 12:33 by Vladimir Vyun

In the present video, David Jones from Capital.com provides his forecast for bitcoin in January 2021, trying to answer the question: can bitcoin recover after the recent slump? He starts the video by discussing the recent moves of the cryptocurrency, news that was affecting it, and what fundamental factors will be affecting bitcoin going forward. Next, David lists the major support and resistance levels. He then turns to technical analysis, discussing charts and technical indicators and trying to guess where prices will go next. In the end, David remains a bull but prefers to wait for buyers to return to the market before making any move.

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