Bitcoin has pulled back to the lower support line of 107K, this support is between 106600-107K. The current pullback forms an expectation of a head and shoulders bottom, and after the drop, we look to go long to see the upper resistance. If it breaks below the support, the script is invalidated, and we need to reassess the market's bullish and bearish outlook!

Bitcoin

Short-term support to watch below is around 106800-106000

Short-term resistance to watch above is around 109500-110000 $BTC

Go long at support levels and short at resistance levels. It is recommended to trade lightly #看懂K线 #