The super trend indicator in the bitcoin chart is still in the green zone and is defined as a signal of a larger bull market. If the weekly Bitcoin price table is examined, the probable deviation of the bear is observed. If this view is further confirmed, there may be a lower high RSI indicator. As for all conditions, it seems more like a rise than a fall.

In the Bitcoin price table, the range of $ 106,000 to $ 107,000 is still a strong resistance zone. The price of bitcoins is currently testing the range of support of $ 101,000 to $ 103,000. This range previously served as a strong resistance, but now the situation has changed. In the short term, if we see a break below these levels, we could drop to $ 98,000.
As we have already mentioned, the level of critical support of the price of bitcoins is around $ 92,000. However, be careful before reaching this level. In short, the price of bitcoins shows side movement and it seems that if we meet unusual news in the next few days, we will not see much volatility.
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