We have entered a new week 🌱

$BTC continues on its path without breaking the upward trend, we are still within the rising channel. Although we experienced a slight pullback over the weekend, there was a nice reaction from the support. Currently, there is a compression in the 108,000 and 110,000 range, and we can say that it is searching for direction in this interval. In case of potential pullbacks, the first support is at the 104,000 and 102,000 area, which is a strong zone where buyers may come into play. In deeper corrections, the 96,000 and 92,000 area is critical.

As long as we do not break outside of the channel, the short-term outlook remains positive. On the upside, the targets of 112,000 and 115,000 levels are on our radar.

Wishing everyone a wonderful week 💐