$btc Bitcoin's daily line rose from a low of around 107750 yesterday to a high of around 109700, closing at around 109150. Support is located near the MA7 moving average; if broken, it may drop to around 107700. A pullback can be a good opportunity to go long nearby. Resistance is located around 109500; if broken, it may rise to around 110500. A rebound nearby can be an opportunity to go short. The MACD is oscillating and flattening. The four-hour support is located near the MA14; if broken, it may drop to the MA60. A pullback can be a good opportunity to go long nearby. Resistance is located around 109500. The MACD bullish sentiment is increasing.
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