Bitcoin has been fluctuating below the range of 102,000 this week before rising again to 104,000. Although the overall trend is weakening, there is still a promising layout from institutions!
From the signs of multiple declines, after each drop, institutions have been stepping in to buy, so the overall trend is currently in a state of inducing short positions!
From the perspective of the larger trend, the bulls will continue to break upwards, and in terms of patterns, 105,000 is a key position for this wave of bulls to stop declining and break through 107,000! #BTC☀
