Since last Wednesday, it has been hovering around 100,000. Over the weekend, as the situation in the Middle East intensified, Bitcoin dropped below the 100,000 mark, stopping at 98,000.

Still the same saying, the overall trend remains dominated by bears. The daily close at 10,900 is a bit good. This week, let's first look for a rebound to 105,000 before continuing to set up short positions.