I mentioned last night that after the pullback in the evening session, it is highly likely to rise again. Last night, the price of Bitcoin reached a high of around 88700, and it stayed above 88000 until around 4 AM when the price started to pull back.

Today, the price of Bitcoin is likely to continue rising, but it probably won't break above 89000. This means that the price will first drop and then rise during the day. After the market opens, it is expected that the price will decline, and in the morning, there will basically be a downward trend until the afternoon and evening, when it will rebound upwards again.

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