🟠 $BTC

⏰ Time Frame 8h

📄 First note over the course of two months and the range 102397 - 105360 is the one holding Bitcoin

📄 Second note since breaking the range 96970 - 99533 it has not been retested

📄 Third note the current structure is positive and it lacks news to support it + liquidity

🔼 The target for Bitcoin remains to achieve a rise between 117604 - 129281

⭕ First idea if Bitcoin cannot regain trading above 105360 it means it lacks momentum and liquidity and the nearest range is between 102397 to 99533 with many buy orders + stop losses for many trades

⭕ Second idea Bitcoin breaks above 105360 and this is the first signal and the follow-up will be if this breakout will allow it to reach 109590

📄 Things are positive so far but most losses are coming from futures contracts due to overexaggeration in trade volumes this matter requires attention - any pressure in the market is harmful to alternative currencies and we will have a separate analysis for them apart from Bitcoin