🚨 BTC $111,800, high broken.

Now, two scenarios:

Test $107,000, consolidation, sideways movement above $107,000 and breakout to a new price corridor of $124,000.

A fall below $107,000 threatens a very strong correction; this would be an false breakout, and BTC will drop to 99-100k. After that depends on the Political News 🔺️🔻

A deep correction now is very frightening for altcoins. I don't want to see a new bottom for altcoins.