BTC gathers liquidity ahead of growth

Inside the trading range Bitcoin has moved into a sell-off phase due to the situation in the Middle East. The sell-off could extend to 102500 - 100600. But as the market is trending and bullish, the support at 100600 may hold the price and allow the market to strengthen

Scenario: A false break of the resistance at 105280 is formed. Accordingly, I am initially waiting for a decline to 102500. If 102500 fails to hold the move, bitcoin could then head to the liquidity pool. A false break of 100600 may give a chance for a rise to 105200 - 108200.