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According to Coinstats, Bears returned to the game at the beginning of the weekend.
BTC chart by Coinstats
BTC/USD
The ratio of bitcoin (BTC) has decreased by 0.64 % since yesterday.
Image by TradingView
On an hourly chart, the price of BTC has risen after the incorrect breakout of the $ 104,135 local support. If your daily bar is far from the mark, you may test your resistance level by tomorrow.
Image by TradingView
In a larger time frame, no bulls or bears are dominated. The main cipher rate is in the bar yesterday. In other words, neither side has seized the initiative.
Related
As a whole, continuous integration on the current price is more likely to be a scenario.
Image by TradingView
From a medium -term perspective, the price of BTC brought a wrong breakout of $ 108,353 resistance. If the week of the week is closed with a long core, Bears may return to the game and fall into an area of $ 100,000.
Bitcoin is traded for $ 104,930 at press.
