#BTC Bitcoin closed the weekly line😀 This week closed with a bullish line, and the bullish trend continues. The 3-day line has not effectively broken below the 106800 level, so the bullish trend remains. Once it breaks below 106800, we can confirm that 112000 is the major top. 😂 Since the daily line has shown a bearish engulfing pattern, it has been oscillating at a high level without a rapid surge. The significant reason for the high-level oscillation is continuous distribution. If another high point is reached later, 💁 upper resistance: 112110/113200/113500, this is the maximum position reached when breaking through the daily line resistance at 111000. 😯 Back to the daily chart, we can see that Bitcoin has formed strong support around 106600. As long as this position is not broken, the bullish trend will continue. Daily lower support: 108800/108600/107000
Upper resistance: 112110/113200/113500