Technical Analysis and Outlook:
In this week's trading session, the Bitcoin market experienced a notable pullback. The primary reason for this movement was the Key Resistance level, which led to a decline that reached our Mean Support level of 113000. This anticipated pullback is prompting the completion of the Outer Coin Dip target of 111000, with a strong likelihood of moving towards the Mean Support level of 108000.
In this week's trading session, the Bitcoin market experienced a notable pullback. The primary reason for this movement was the Key Resistance level, which led to a decline that reached our Mean Support level of 113000. This anticipated pullback is prompting the completion of the Outer Coin Dip target of 111000, with a strong likelihood of moving towards the Mean Support level of 108000.
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