Midnight Market Analysis

Looking at the four-hour K-line, the bullish strength of Bitcoin is decreasing, and the K-line is a doji star. Watch for resistance at 109000 above, and first look for support at 106000 below, then further down at 104500.

The one-hour K-line shows that the bearish strength of Bitcoin is also decreasing during the decline. Resistance is in the range of 107500 - 108000 above.

Bitcoin rebounded near 107600-108200, and below it, look at the range of 106400-105800. $BTC

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