January 22 - Bitcoin and Altcoins Silk Road

In the one-hour timeframe, Bitcoin dipped to 87,200 and quickly rebounded, while Altcoins also stabilized above the 3000 level, with intense competition. From a technical perspective, the weekly EMA has crossed above the monthly line, indicating a clear easing of the downtrend. The KDJ indicator is also trending upward, suggesting that the bulls are gathering strength for an attack.

Trading Suggestions
For Bitcoin, buy low in the 88,000-89,000 range with the target of 91,000-92,000;
For Altcoins, buy low in the 2930-2970 range with the target of 3050-3100. $BTC $ETH