The Asian market is under pressure and has fallen back, with a low around 10.7/4366. The European market has stopped falling and rebounded, peaking and then falling back, around 10.96/4474. The American market is weakly consolidating, with another peak and then fall around 10.95. It's been a bumpy ride, with three consecutive wins.
Overall, Bitcoin remains relatively strong, with a weak sustained posture, but both trends still lean bearish. Next, during the early morning phase, pay close attention to the resistance around 110,000/4,400. Bitcoin: Around 110,000, looking down to around 107,000 Posture: above 4410, looking down near 4200 #BTC#
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The Asian market is under pressure and has fallen back, with a low around 10.7/4366. The European market has stopped falling and rebounded, peaking and then falling back, around 10.96/4474. The American market is weakly consolidating, with another peak and then fall around 10.95. It's been a bumpy ride, with three consecutive wins.
Overall, Bitcoin remains relatively strong, with a weak sustained posture, but both trends still lean bearish. Next, during the early morning phase, pay close attention to the resistance around 110,000/4,400.
Bitcoin: Around 110,000, looking down to around 107,000
Posture: above 4410, looking down near 4200 #BTC#