Bitcoin stuck at 109K, is the weekend market destined to be restless?
$BTC failed to stand firm at 109,000 this weekend, and the four-hour level directly anchored into a resistance level, resulting in: the callback continues.
But this wave of callbacks was not in vain, but instead freed up some space for altcoins to perform.
Currently, Bitcoin is stubbornly defending around 107,100, which corresponds to the high point of Monday this week; 106,400 below is also a key demand area. Once it breaks, it is not ruled out that it will bottom out to 104,000~105,000.
Having said that, considering that Monday is a market holiday, this week's closing rhythm may be more "quiet" than you expected, don't be fooled by appearances.
Do you think this wave of Bitcoin is a wash, or the prelude to the next deep pit? Continue to hold, or run away? Leave your homework in the comment section.
