#BTC

BTC Market Analysis:

Let’s add a bit more to the market analysis of Bitcoin: Yesterday, Bitcoin saw a slight pullback, which is quite normal, as it has already broken the historical high. A retracement is to be expected; we just need to see if it can form a high-level oscillation range!

In terms of trends: Looking at the daily chart, a potentially strong support level is around 106,000, where the previous effective high point has shifted from resistance to support. The main focus here is whether there will be an effective breakdown. For the upside, we should just keep an eye on the new high, and also note that the US stock market is closed on Monday, providing a good three-day window for consolidation!