The analysis indicates that Bitcoin has outperformed the market. A spike down with high volume occurred during the US session's end and Asia's beginning, finding support at equal lows from the previous Monday. The conviction of buyers at that bottom was tested and succeeded, and some risky longers and late shorter positions were impacted. The point of control moved up and the analysis describes a breakout above the previous day's value area high. The most important level is in the area between the 7-day rolling VWAP (around 109400) and the 38.2% Fibonacci level/previous day's value at 109400. The analysis suggests that Bitcoin should get a strong reaction over the course of the US session, targeting 112500 if support holds.