$BTC Over the weekend, a sideways range was formed on Bitcoin at $102,000 - $105,000. I mentioned on Friday that it was forming, and within this range, buyers gradually bought out the limit resistance of sellers with market orders, while trading volumes were relatively small. At the same time, the limit support from buyers was building up near the current price. These arguments indicate the strength of buyers. This morning, it manifested in a rise of Bitcoin to nearly $106,000. The news background for this growth was an agreement on tariffs between the USA and China; essentially, these two largest economies in the world decided not to continue trade wars. This is a positive signal for the growth of markets, including the cryptocurrency market. But as I mentioned, the arguments for growth were already present over the weekend.
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