According to Coinstats, the majority of coins are falling today.
BTC/USD
Bitcoin (BTC) prices have fallen 0.43% in the past day.
On the hourly chart, BTC rates beat local support at $104,426. However, we need to focus on the closure of the Daily Bar.
If it happens on a long wick and the candle closes far from its mark, the ongoing fix may be postponed.
In a larger time frame, the main coin price is in the middle of the channel, between $1.3,675 in support and $106,329 in resistance. As neither side is dominated, it is less likely that you will see sharp movements by the end of the week.
From a medium-term perspective, BTC rates are located in the previous weekly bar. The volume has not increased. In other words, a scenario is likely to be a continuous horizontal trading, focusing on current prices.
Bitcoin is trading at $104,576 at the time of press.
