Bitcoin surged to around 122335 yesterday, and then this morning it retraced to around 118050. Overall, this is within a healthy retracement range, as the new week arrives and Bitcoin's weekly K line needs to pull back to connect with last week's K line. Today, there should be a slight rebound, with a resistance level around 119450. Afterwards, it may continue to test the lower range of 118000-117500, which is strong support. #BTC走势分析