$BTC
The encryption area was heavily impacted on Friday due to geopolitical effects. BTC dropped directly, approaching the 50-day moving average of 103K again; the brothers who chased the price must have been deceived. It is difficult for a sentimental market to last; we saw a small recovery early yesterday morning after BTC broke 106K, but it dropped again, while Ether returned near 2680. In the evening, unfavorable news came again, and cryptocurrency prices dropped once more, with BTC touching around 104K, and Ether nearing 2480.
We see the performance of daily candles, where BTC received support at the middle line of the Bollinger indicator. Let’s closely monitor the pressure at the 11W level, as it also received support at the 250-day average level on the four-hour timeframe. Pay attention to the pressure at the 106500 level in the short term.
During the day, we can speculate on BTC in the range of 106500-104200, while we can speculate on
