Bitcoin market update | From a retail perspective, the market is looking good, and it is recovering from its daily trendline support, which I mentioned in the previous update. The market is approaching horizontal resistance, which is around the $107,000 price range. A new monthly candle is set to open tonight, and in that case, we might see a wick to the upside. However, unless we get a daily candle closing above the horizontal range, we are not considering the market as bullish.