BitcoinBitcoin / US DollarCOINBASE:BTCUSDTJ-001Over the past four weeks, Bitcoin has once again declined to the 107k support level, which also represents the lower boundary of the 107-125k range. The long-term trend remains upward, but a break below 107k would signal a potential reversal to the downside. We maintain our bullish outlook for now, but will revise it downward should the negative scenario materialize. Long-term trend: Up Resistance level: 125000 Support level: 107000