According to Coinstats, the last day of this week was even considered bearish for the crypto market.
BTC/USD
Bitcoin (BTC) percentage has dropped by 0.22% over the past 24 hours.
On the hourly chart, the price of BTC has fallen after setting local resistance to $115,901.
If the situation remains unchanged, there is a high chance of a support breakout and then we will continuously fix the $115,300 to $115,400 area.
In the larger time frame, the photos haven’t changed much since yesterday. Such statements are also confirmed by lower volumes. This means that traders will rarely witness any sharp moves in the coming days.
From a medium-term perspective, the situation is similar. Neither buyers nor sellers have accumulated enough energy for further movement. In this case, accumulation in the $114,000 to $118,000 zone is more likely to be a scenario.
Bitcoin is trading at $115,701 at the time of press.
