According to Coinstats, the end of this week is largely bearish.
BTC/USD
The Bitcoin (BTC) percentage fell 2.55% on the last day.
On the hourly chart, BTC prices accidentally broke out local support. However, if seller pressure continues and the candle closes close to $109,620, you will soon have the opportunity to see the $109,000 mark test.
In the long time frame, the percentage of major ciphers has broken support of $109,823.
When the bar closes under that mark, it may be enough to drop further down to the $105,000 area with accumulated energy.
From a medium-term perspective, there are no inverted signals yet. If the Bulls lose their $110,000 interim zone, traders may soon witness tests ranging from $100,000 to $105,000.
Bitcoin is trading at $109,254 at press time.
