Weekend Bitcoin Market Update on September 7.5:
After a decline last night at the hourly level, the market is consolidating. A downward continuation over the weekend is not a good sign and is very unfavorable for the bulls. The price must regain the resistance level of 108,500 to continue rising; otherwise, it may continue to test support on Sunday night or Monday!
On the right side, a conservative position at 109,100, with a stop loss at 109,900!
On the left side, an aggressive position at 107,100, with a stop loss at 106,500!
On the left side, a conservative position at 105,800, with a stop loss at 104,500!
This is my personal opinion and should not be considered as investment advice!
