$BTC

Bitcoin has once again retraced downwards, and I reminded you yesterday about the second bottom test, so do not panic, it's nothing serious.

Now Bitcoin is starting to break through the strong resistance zone above, in the range of 104000-105000, the strength of the bulls is already somewhat weak, every time it pops up past 104000, it gets hit.

Currently, Bitcoin has broken through this consolidation zone, and the difficulty continues to increase. It feels like breaking through 104500 soon is a bit challenging unless the bulls can significantly increase their buying power; otherwise, it might just be a trap to catch retail investors.

Although Bitcoin is in continuous consolidation, every time it just dips below 102000, it can immediately bounce back, indicating strong buying pressure below 102000. For the upcoming market, we can only wait for a breakthrough.

If it doesn't break through, it will continue to fall, and this drop might just go for a bottom!

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