Bitcoin has reversed again; currently, the price is around 105,000. Yesterday, when I analyzed with everyone, I mentioned that if Bitcoin breaks the 103,000 level, it will continue to enter a consolidation range.

Now that the weekend is here, Bitcoin will struggle to move out of the 106,000~103,000 range. The peak of this rebound has reached around 105,300, and there might be a short-term pullback, but it shouldn't be too drastic; we can look at around 104,200 first.

If it continues to rebound immediately, pay attention to the pressure at 106,800 above. If it can hold above this level, Bitcoin will have another surge to clear the bottom.