$BTC recent bounce looks fragile. Despite reclaiming some ground, BTC/USDT is still trading beneath the resistance of the middle Bollinger Band.

The overall price action since late May has been a series of lower highs, indicating continued bearish sentiment.

If this resistance holds, we could see another leg down towards the lower Bollinger Band, or even retest the recent lows around $100,300.

The bears aren't out of the woods yet. #Bitcoin #Write2Earn