Bitcoin bulls began the US Memorial Day with an attack on the USD 110K level

The bulls launched a futures market-driven attack on the USD 110,000 resistance level of BTC, as US markets are closed for Memorial Day. Will spot volumes follow on Tuesday?The price of Bitcoin (BTC) has experienced a slight recovery over the weekend, but gains above USD 110,000 have been limited by selling. Glassnode data shows a "net distribution" (selling) from the group holding more than ten thousand Bitcoin, but groups below this level have continued to accumulate $BTC