#Bitcoin is making a new attempt at trend resistance by reaching $116,500.

A close had occurred under the short-term upward trend, and subsequently, $112k liquidations had been cleared.

After the liquidations were cleared, the price started to rise, and at this moment, $BTC is making new attempts to regain the trend.

Despite the loss of trend, I mentioned in the last video that we are still continuing all trades and that we will keep doing so as long as $112k is held.

As long as $112k is maintained, the trend structure will continue to remain positive. The breakdown of the descending trend could provide a nice opportunity for new positions and new risks.

Let's closely follow the breakdown of the descending trend, friends ⏰