Bitcoin Price Analysis: 30 January

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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice
The value of Bitcoin has been moving along its current support levels and trying to consolidate around $33k. The sudden pumping of its price against all predictions has provided BTC another chance to test the support and hold on to $33k-level.
At the time of writing, Bitcoin was being traded at $33,990.
Bitcoin six-hour chart
Source: BTCUSD on TradingView
According to the chart above, Bitcoin price was building up for a bearish breakdown, following the asce

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