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Will the fall of BTC continue or will it stop falling and start a rebound?
106100 becomes the critical price
BTC fell all day yesterday, stopped falling near 103,300 to start the recovery, and is unlikely to fall below the 103,300 level at the moment, this is the relative bottom. Next, a triangular convergence structure will appear, so there is a very crucial position here, which is 106100, whether or not breaking through this level will lead to two types of movement:
Type 1: If BTC can rebound and break above the level of 106100, and stay above the level of 106100, then BTC will continue to rise, and may even exceed 110000 and achieve new all-time highs, heading towards 130000.
The second method: If BTC cannot break the level of 106100, BTC will continue to fall, and will test the level of 100000 again, and if it drops below 100000, BTC will head towards the level of 92000-95000.
So, everyone can pay attention to 106100, this level is very important, what will be the structure that we will follow, we can see that while walking.