Trader: Bitcoin's January performance may herald a sharper rise

According to the candlestick chart released by trader CryptoBirb, Bitcoin's performance in January may herald a greater rise. According to CryptoBirb, Bitcoin formed a "strong" candle in January, which means that BTC's "time frame demand" is high. He added that as the candle approached above the 3-month resistance of $ 9,100, there could be a greater bull market reversal in the cryptocurrency market. Analysts believe that the 32% rise in Bitcoin in January marked the end of Bitcoin's downward trend in six months.