#BTC

The weekend should still be treated as a range-bound movement!

However, it is important to note that the current trend strictly speaking belongs to a daily level wide-range downward movement. If it can close above 109500, then the bulls continue; if it cannot close above, then 109500 is an absolute resistance.

Moreover, if it cannot close above, it will prompt Bitcoin to further probe around 105000, which is a view at a larger scale.