#BTC

BTC Market Analysis:

A new week has begun, and Bitcoin is still oscillating at relatively high levels. After a pullback, it has shown new signs of upward movement. The low point did not reach the key support of 106.8k before starting a strong rebound. The upward trend is very strong here, so pay attention to the key resistance levels above!

The short-term effective resistance level to watch is around 110500. If it breaks through this level, reaching a new high should be quite easy. Therefore, the only pressure before the upward movement is around 110500.

We are about to witness a new historical moment for BTC!