Bitcoin is potentially finding support around $107k after making new ATHs last week around $112k.
Assuming these levels as S and R, a strong break could signal the direction of price in the coming days.
If local support is lost, we can expect price to at least test $104.9k.
Assuming the bullish momentum continues, breaking resistance would signal higher prices. Still in tact, a continued bull flag breakout from $104.9k (20 May) could still put BTC at around $115k.
Assuming these levels as S and R, a strong break could signal the direction of price in the coming days.
If local support is lost, we can expect price to at least test $104.9k.
Assuming the bullish momentum continues, breaking resistance would signal higher prices. Still in tact, a continued bull flag breakout from $104.9k (20 May) could still put BTC at around $115k.
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