BTC has confirmed that the next wave of bullish trend is coming after surpassing 107k

Currently confirmed as a comprehensive bullish trend, it is definitely looking upwards rather than downwards

We will see how far this wave of bullish trend can develop starting next week

It is worth emphasizing that it may not necessarily be very strong

There is a possibility of it resembling early this year, where a top divergence tested ATH and was rejected, leading to a bear market

But for the bears to view it this way, it can only be confirmed if it goes up to 112k and gets rejected, then falls below 108k

Why do this? There have been countless examples in the past two years, just a few days ago there was one

Everyone thought 99k had broken down, bear market, but in reality it was just a typical false breakout

It was so typical that it was seen a month ago, and it actually happened.