The BTC trend today is a bit confusing, with the bulls rising again above 106,000. There are signs of continuing to rise and break through previous highs, but in the short term, there is pressure at the upper high point on the four-hour timeframe. If the high point doesn't break, there may be a pullback, with support at 104,750 in batches, which has turned from previous pressure into a support level. Additionally, 102,050 is the bottom of the previous range.
On the daily level, there is still a double top pressure above; if the new high of 110,000 doesn't break, it remains unknown and could reverse and drop at any time, so it still looks bearish.
Today's trend still looks bearish, looking to short in batches in the 106,800-107,200 area, targeting 104,800, and if it breaks down further, looking towards the 102,100 mark. #BTC☀
On the daily level, there is still a double top pressure above; if the new high of 110,000 doesn't break, it remains unknown and could reverse and drop at any time, so it still looks bearish.
Today's trend still looks bearish, looking to short in batches in the 106,800-107,200 area, targeting 104,800, and if it breaks down further, looking towards the 102,100 mark. #BTC☀
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BTC
105,235.46
+0.16%
