According to Coinstats, the market continues to decline today.
BTC/USD
The Bitcoin (BTC) percentage fell 1.23% on the last day.
On the hourly chart, we made the wrong breakout of local resistance, with BTC priced at $102,090.
If the daily bar is far from that level, traders may soon witness a test of the $100,000 zone.
In the long time frame, the photos are much more bearish than bullish. If a support breakout occurs, the accumulated energy may be enough to move to the $98,000 mark.
From a medium-term perspective, the situation is similar. The volume remains low and ensure there is no energy for the bull. If buyers are unable to seize the initiative, the drop could lead to testing in the $95,000-98,000 range by the end of the month.
Bitcoin is trading at $101,415 at press time.
