The market continues to rebound tonight, reaching a high of around 103,800. The low this morning was around 99,000, and it’s climbed nearly 5,000 points since then. Currently, there's significant resistance around 105,000 to 105,500. There's a chance the high could test these levels again, but I don’t see a breakout above 107,000 anytime soon unless there's positive news driving it. For now, I expect a pullback to test the 103,000 to 102,000 range. #BTC
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The market continues to rebound tonight, reaching a high of around 103,800. The low this morning was around 99,000, and it’s climbed nearly 5,000 points since then. Currently, there's significant resistance around 105,000 to 105,500. There's a chance the high could test these levels again, but I don’t see a breakout above 107,000 anytime soon unless there's positive news driving it. For now, I expect a pullback to test the 103,000 to 102,000 range. #BTC