#Bitcoin $113k support has quickly fallen to the $104k level after losing its support.
Data and trend structure had turned positive after breaking $114k, but the crypto side did not rise as U.S. stock markets started to decline.
We had made a purchase because the data turned positive, but the market fell, and as we mentioned while making the purchase, we ended the position with a 2% loss after the first H4 close below $113k.
Currently, it seems that the crypto sector has no will of its own and is just following the U.S. stock markets, and the correlation is still very high.
I haven't had the opportunity to provide updates lately due to my personal matters, but since I clearly communicated my trade plan, I believe you are not left without an idea about the direction, friends.
As of today, I will be updating frequently. Also, tomorrow an updated Bitcoin analysis will be published, and I will clearly explain all the data and my expectations in the video.
For now, as I mentioned above, the market is only following the U.S. stock markets. It will be sufficient to only follow the U.S. side.
Wishing everyone a beautiful day and plenty of profits.