🟢 Bitcoin has entered the resistance zone and is trading within it between 106500-108500
🟢 We can call it the area of confusion as it fluctuates, so everyone is waiting to see what will happen. There is fear of missing the opportunity and fear of a correction, which is why you see cryptocurrencies also uncertain and correcting because people are afraid of a drop
🟢 Additionally, it is due to the rise in Bitcoin's dominance as it pulls liquidity that will be needed for a breakout. If this scenario happens, we will see a market revival followed by Ethereum
🟢 It is possible we see selling pressure towards 106500 and a bit lower, but it is all preparation
and fueling for the breakout
