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Good day!
🪙For BTC, we can see that we have finally moved above 110k — this is exactly the signal I was expecting over the weekend, but it happened a bit later. After retesting the shadow from October 10th, there is quite a vigorous buyer reaction and a consolidation above the key level of 107k. It would be quite logical to retest this zone again and then continue the rise to 116k.
Moreover, many are still convinced of further declines and the beginning of a "bear market", despite BTC still holding above 100,000. It would be quite reasonable to liquidate their positions.
✔️This week, in my opinion, is expected to be long!