The BTC daily chart rose from a low of around 108550 to a high of around 110250 yesterday, closing near 109600. The support level is around 108100; if it breaks below, it could be seen at around 106950. A pullback can be used to enter long positions nearby. The resistance level is near the MA7 moving average; if it breaks through, it could be seen at around 113150. A rebound to nearby levels can be used to enter short positions. The MACD shows an increase in short positions. In the four-hour chart, the support level is around 108350; if it breaks below, it could be seen at around 107650. A pullback can be used to enter long positions nearby. The resistance level is around 111000; if it breaks through, it could be seen at around the MA200. A rebound to nearby levels can be used to enter short positions. The MACD shows a decrease in short positions and there are signs of a golden cross pattern forming.

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