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BTC market analysis, please read carefully.
Continue to maintain a pessimistic outlook on BTC,
Last night, the pie continued to rush towards the resistance level of 106-107K, forming a descending channel at the 1H upper resistance level, a small ascending channel of 15F fell below and continued the pullback, the lower support is at 104K, and a drop below is 102-101K. The pie has a head and shoulders pattern, it is expected that the top formed the right shoulder, pay attention to the late drop below the neckline to see 98K! When it reaches the mark of 98,000, it will buy the bottom, which is the golden line of the pit, and it is not a problem to bounce back more than 5,000 points.