The 2 bullish events on Bitcoin’s chart are the wicks printed on January 13th and 27th, suggesting strong buying at key levels. It is fair to interpret this as a Bitcoin buy signal.
Bitcoin’s sell off triggered by DeepSeek might indeed qualify as a buy opportunity. We agree with this analyst, not because the person behind the market call but only because of the chart confirmation.
There is a lot of news that paints a bullish picture about Bitcoin in 2025, consistent with our bullish BTC forecast. Think of the mind boggling announcement from the Czech central bank as well as MicroStrategy’s upgrades.
However, as always, we remain factual and not biased in any of our calls and judgements. That’s why we stick to chart readings.
In this article, we look for evidence on Bitcoin’s price chart as opposed to simply and blindly following news which we know by now is a lagging indicator.
Bitcoin: beautiful intraday recovery on Jan 27th
January 27th, 2025 – It was a day characterized by an intraday dip followed strong intraday buying.
What happened on the Bitcoin chart is very interesting – in chart terms, Bitcoin left a ‘wick’.
Wicks are one of the most important chart events, and they often carry predictive value. The point is this: when the lows of the wick as well as the body of the candle coincide with decisive price points something ‘big’ is happening in the market.
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As seen on the chart, yellow arrow, Bitcoin’s wick was printed right at the falling trendline.
In plain simple terms – Bitcoin left a bullish confirmation on its chart – it’s only visible to those who can thoroughly read and interpret charts.
Two Bitcoin buy signals in January 2025
There was a similar ‘chart event’ in January 2025.
Similar to the ‘wick’ printed on Jan 27th, 2025, there was an occurrence on January 13th, 2025, where the lows of the ‘wick’ coincided with the rising 2024 trendline.
We mentioned this in an article which we published one day later: Bitcoin Strong Intraday Buying: Important Message On The BTC Chart For Crypto Investors In 2025.
The BTC chart shown above visualizes our point.
Bitcoin: buy opportunity?
We can confidently say that the two ‘wicks’ printed on Bitcoin’s chart in January 2025 are buy signals.
They confirm that Bitcoin’s drops coincide with buy opportunities.
This means that the dip can be bought in Bitcoin as well as tokens that are likely to outperform Bitcoin in the next few months and quarters.
Which tokens? We refer to our recent premium crypto alerts. It includes the no-brainer Litecoin token tip combined with a few other top token tips.