$BTC

BTC USDT Technical Analysis

The chart may not look like it, but Bitcoin's price movement has been extremely volatile over the past few days - with every 4-hour candle closing since the weekly open within a range of less than 1.5%. The demand zone held firm over the weekend, between $108,000 and $107,800, serving as a support level on the 4-hour chart, and from here, the optimists expect to reclaim $109,100 (the weekly open).

The trading range for this Monday is between $107,400 and $109,600, so we are currently trading in the middle of that. I will be looking for more good opportunities in altcoins, but when it comes to Bitcoin, I have no real interest until we approach the lower or upper level of Monday again.