$BTC Review
BTC has reached a new high after descending to 102600 as expected. The previous trading plan was almost perfect: $102662 entry, $106600 take profit.
- ETF continues to see significant net inflows, with a weekly net inflow of $608 million.
BTC has reached a very strong resistance level, with two instances this morning hitting 106000 and 107000, both resulting in volume sell-offs, indicating a peak. Without major positive news, the short-term focus should be on short positions.
