$BTC Bitcoin closed the weekly line 😁 This week’s closing is again a bullish line, and the bullish trend continues. As long as the 3-day line does not effectively break below 106800, the bullish trend remains. Once it breaks below 106800, we can confirm that 112000 is the major top. 😂 Since the daily line has shown a bearish engulfing pattern, it has been oscillating at a high level without a rapid surge. A large part of the high-level oscillation is due to continued distribution. If it hits a new high again in the future, 💁 upper resistance: 112600/113300/114000, this is the limit position reached by breaking through the daily line pressure at 111959. 😯 Returning to the daily line chart, we can see that Bitcoin has formed strong support around 106600. As long as this position is not broken, the bullish trend will continue. Daily lower support: 108400/107200/106300
Upper resistance: 110500/111300/111900