The large pancake has retreated from the high point of 99600, reaching a low of 95800, pulling back nearly 4000 points. During the weekend, the correction has been completed. Starting this week, Bitcoin is gathering strength to challenge the 100,000 mark.

Previously reminded, the pullback is not a reversal, no need to elaborate further, historical records can be consulted. Currently still holding a bullish view, the timing for entry after the pullback needs to be carefully considered.

As of now, the price comparison is 98200. Short-term focus on 98600, as it is the drop point since Sunday. After breaking 98600, it will face short-term resistance at 99000. If it breaks 99000, it will move towards 100,000. When breaking 100,000, an acceleration in price is expected.

If it cannot break 98600, Bitcoin may pull back to the support zone of 97000-97100. Today, it is unlikely to touch the low point of 95800 reached in the early morning. Therefore, after the pullback, one can consider entering in the range of 97000-97100, with targets looking sequentially at 98200-98500-99000#Bitcoin plunge 290,000 people liquidated #BTC☀ #ETH🔥🔥🔥🔥