$BTC

Market Update -

Yesterday, we witnessed Bitcoin attracting liquidity below the 100,000 dollar level, with an increase of 98,000 dollars, but the price quickly returned above the psychological level of 100,000 dollars. From here, we await the opening of the US stock markets to get a clearer idea of whether we have seen the worst performance in price movements in the short term or if more declines are coming. The level of 100.8 thousand dollars (weekly opening) is an early support level worth monitoring over 4 hours, and on the positive side, there is a gap in the Chicago Mercantile Exchange (CME) around the level of 103 thousand dollars, which is an area worth watching as Monday's trading range develops.

Whether the next move is upward or downward, with a little patience, we will soon have some good entry opportunities in my opinion.