{"id":6303,"date":"2024-01-10T13:15:21","date_gmt":"2024-01-10T05:15:21","guid":{"rendered":"https:\/\/www.umtradings.com\/?p=6303"},"modified":"2024-02-05T03:01:28","modified_gmt":"2024-02-05T03:01:28","slug":"focus-on-btcusd-today-10th-january-2024","status":"publish","type":"post","link":"https:\/\/www.umtradings.com\/th\/focus-on-btcusd-today-10th-january-2024\/","title":{"rendered":"Focus on BTC\/USD Today \u2013 10th January 2024"},"content":{"rendered":"<div class=\"wp-block-post-date has-text-color has-black-color has-medium-font-size\"><time datetime=\"2024-01-10T13:15:21+00:00\"><a href=\"https:\/\/www.umtradings.com\/th\/focus-on-btcusd-today-10th-january-2024\/\">January 10, 2024<\/a><\/time><\/div>\n\n\n<div style=\"color:#ddd\" class=\"wp-block-genesis-blocks-gb-spacer gb-block-spacer gb-divider-solid gb-divider-size-1\"><hr style=\"height:30px\"\/><\/div>\n\n\n\n<h1 class=\"wp-block-heading has-black-color has-text-color\"><strong>Comprehensive BTC\/USD Analysis for January 10, 2024<\/strong><\/h1>\n\n\n\n<p>In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the BTC\/USD for 10th January 2024.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>BTC\/USD Key Takeaways<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><a href=\"https:\/\/finance.yahoo.com\/news\/hacker-seized-sec-phone-number-043224468.html\" target=\"_blank\" rel=\"noopener nofollow\" title=\"Fat-finger error\">Fat-finger error<\/a><\/strong>: In the early hours of this morning, Beijing time, the U.S. Securities and Exchange Commission (SEC) tweeted on the social platform X that it had approved a Bitcoin ETF. As soon as the news came out, the market price soared to $48,000. But a few minutes later, Gensler, chairman of the SEC, urgently tweeted that the official account had been hacked and an unauthorized tweet was posted. The SEC has not yet approved the listing of a Bitcoin spot ETF. Bitcoin plunged by US$3,000, and caused the entire network to liquidate over US$40 million in one hour.&nbsp;<\/li>\n\n\n\n<li><strong><a href=\"https:\/\/www.cnbc.com\/2023\/11\/13\/spot-bitcoin-etf-approval-is-approaching-experts-say-what-to-know.html\" target=\"_blank\" rel=\"noopener nofollow\" title=\"The approval of ETF\">The approval of ETF<\/a><\/strong>: The market is focusing on the approval of the first Bitcoin ETF. If the ETF is rejected, the deadline for the next batch of applications will be in March. The overall market expectations are currently betting that the ETF will be approved smoothly, and we are wary of the fact that there will be buying in anticipation and selling after the fact.&nbsp;<\/li>\n<\/ul>\n\n\n\n<div style=\"color:#ddd\" class=\"wp-block-genesis-blocks-gb-spacer gb-block-spacer gb-divider-solid gb-divider-size-1\"><hr style=\"height:30px\"\/><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>BTC\/USD Technical Analysis&nbsp;<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-black-color has-text-color\"><strong><em>BTC\/USD <mark class=\"has-inline-color has-black-color\">Weekly Chart Insights<\/mark><\/em><\/strong><\/h3>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/www.umtradings.com\/wp-content\/uploads\/2024\/01\/\u884c\u60c5\u5206\u6790-1-5.jpg\" alt=\"BTC\/USD Weekly Chart Insights By Ultima Markets MT4\" class=\"wp-image-6304\"\/><\/figure>\n<\/div>\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Stochastic Oscillator<\/strong>: The fast and slow lines began to entangle in the oversold area, suggesting that the current bullish sentiment may slow down. However, you cannot enter short positions until the indicator is completely out of the overbought area.&nbsp;<\/li>\n\n\n\n<li><strong>Key price level<\/strong>: The price hit $48,000, which was the starting point of the plunge in March 2022. As a resistance level of weekly chart. It may be difficult for the price to break through. Even if it breaks through this week, we must be wary of the probability of falling back again.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-black-color has-text-color\"><strong><em>BTC\/USD <mark class=\"has-inline-color has-black-color\">4-hour Chart Analysis<\/mark><\/em><\/strong><\/h3>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/www.umtradings.com\/wp-content\/uploads\/2024\/01\/\u884c\u60c5\u5206\u6790-2-5.jpg\" alt=\"BTC\/USD 4-hour Chart Analysis By Ultima Markets MT4\" class=\"wp-image-6305\"\/><\/figure>\n<\/div>\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Stochastic Oscillator<\/strong>: The indicator sends a short signal in the overbought area, and at the same time forms a top divergence from the market price, suggesting that the market may fluctuate and adjust this week.&nbsp;<\/li>\n\n\n\n<li><strong>Key support level<\/strong>: Currently, BTCUSD is looking towards the level of 44613, and the market price has repeatedly fluctuated around this price. In addition, the red 33-period moving average is also near this price. If the market price is blocked at this price, there is still hope of breaking through the previous high, otherwise it may enter a consolidation trend.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-black-color has-text-color\"><strong><em>Trading Central <mark class=\"has-inline-color has-black-color\">Pivot Indicator<\/mark><\/em><\/strong><\/h3>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/www.umtradings.com\/wp-content\/uploads\/2024\/01\/\u884c\u60c5\u5206\u6790-3-5.jpg\" alt=\"Trading Central Pivot Indicator for BTC\/USD\" class=\"wp-image-6306\"\/><\/figure>\n<\/div>\n\n\n<ul class=\"wp-block-list\">\n<li>According to the trading central in Ultima Markets APP, the central price of the day is established at 46520,&nbsp;<\/li>\n\n\n\n<li><strong>Bullish Scenario<\/strong>: Bullish sentiment prevails above 46520, first target 47300, second target 47760;&nbsp;<\/li>\n\n\n\n<li><strong>Bearish Outlook<\/strong>: In a bearish scenario below 46520, first target 44800, second target 44340.&nbsp;<\/li>\n<\/ul>\n\n\n\n<div style=\"color:#ddd\" class=\"wp-block-genesis-blocks-gb-spacer gb-block-spacer gb-divider-solid gb-divider-size-1\"><hr style=\"height:30px\"\/><\/div>\n\n\n\n<p><strong>Conclusion\u00a0<\/strong><\/p>\n\n\n\n<p>To navigate the complex world of trading successfully, it&#8217;s imperative to stay informed and make data-driven decisions. <a href=\"https:\/\/www.umtradings.com\/\" target=\"_blank\" rel=\"noopener\" title=\"Ultima Markets\"><strong>Ultima Markets<\/strong><\/a> remains dedicated to providing you with valuable insights to empower your financial journey.\u00a0<\/p>\n\n\n\n<p>For personalized guidance tailored to your specific financial situation, please do not hesitate to contact Ultima Markets.\u00a0<\/p>\n\n\n\n<p>Join Ultima Markets today and access a comprehensive trading ecosystem equipped with the tools and knowledge needed to thrive in the financial markets.\u00a0<\/p>\n\n\n\n<p>Stay tuned for more updates and analyses from our team of experts at Ultima Markets.\u00a0<\/p>\n\n\n\n<p><em><strong>Disclaimer\u202f\u202f\u00a0<\/strong><\/em><\/p>\n\n\n\n<p><em>Comments, news, research, analysis, price, and all information contained in the article only serve as general information for readers and do not suggest any advice. Ultima Markets has taken reasonable measures to provide up-to-date information, but cannot guarantee accuracy, and may modify without notice. Ultima Markets will not be responsible for any loss incurred due to the application of the information provided.\u202f<\/em>\u00a0<\/p>\n\n\n\n<p><em><strong>Copyright \u00a9 2023 Ultima Markets Ltd. All rights reserved.\u00a0<\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Comprehensive BTC\/USD Analysis for January 10, 2024 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the BTC\/USD for 10th January 2024.&nbsp; BTC\/USD Key Takeaways BTC\/USD Technical Analysis&nbsp; BTC\/USD Weekly Chart Insights BTC\/USD 4-hour Chart Analysis Trading Central Pivot Indicator Conclusion\u00a0 To navigate the complex world of trading successfully, it&#8217;s imperative to [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":6770,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[6,11],"tags":[95,96],"class_list":["post-6303","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","category-technical-analysis","tag-bitcoin-etf","tag-btcusd"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.umtradings.com\/th\/wp-json\/wp\/v2\/posts\/6303","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.umtradings.com\/th\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.umtradings.com\/th\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.umtradings.com\/th\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.umtradings.com\/th\/wp-json\/wp\/v2\/comments?post=6303"}],"version-history":[{"count":0,"href":"https:\/\/www.umtradings.com\/th\/wp-json\/wp\/v2\/posts\/6303\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.umtradings.com\/th\/wp-json\/wp\/v2\/media\/6770"}],"wp:attachment":[{"href":"https:\/\/www.umtradings.com\/th\/wp-json\/wp\/v2\/media?parent=6303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.umtradings.com\/th\/wp-json\/wp\/v2\/categories?post=6303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.umtradings.com\/th\/wp-json\/wp\/v2\/tags?post=6303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}