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As covered here yesterday morning, Bitcoin came very close to falling below 100k (100,103 the low). In the event that low remained the low of the day and of course 100k proved its resilience and support. The price action from there was mostly to the upside and that extended into the wider US close, where BTC lifted back above 107k. The price action this morning has not delivered any fresh highs yet and the record set Monday, at 109,241 remains intact so far today. The range seen so far today has been covered by 105,211 to 106,790. Right now BTC is close to the lower bound of that range, currently trading at 105,340 and in terms of the outlook, it seems 100k and 110k are now the real levels of importance today. We shall see how this one fares, but there is no doubting the positive trend continues to remain intact for now
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