Good morning 🌞
Bitcoin broke the uptrend at 95702.14. It is true that it returned.
It is trading above this support, but it is considered a broken support and its break was confirmed on the daily interval. It is an important support that supported the price’s cohesion in the past period..
Bitcoin’s continuation in this area is unhealthy for the market. As
I mentioned earlier, either rising above 109 or falling to complete the target of
the corrective wave between 89 - 75 because keeping the Bitcoin price fluctuating
in this narrow area does not encourage buying or entering the liquidity
driving the market..
$BTC