Bitcoin is dropping for its second day, approaching the blue midline for support which has typically resulted in bounces to the upside. There's a 52% chance of a drop. Whale money is halfway through its chart, acting as resistance. If whale money breaks sharply over the weekend, Bitcoin is likely to recover; however, if whale money crashes back down, Bitcoin will likely crash further down. The absolute bottom being looked at is $111,600, though around $112,000 is more likely. If Bitcoin stays above this midline, it means we are continuing an uptrend, but if we break below this area, we are going to see further drops. The trades in favor topped out in the short trade zone, which meant that the upward momentum ran out.