The analyst discusses Bitcoin's market dynamics. He notes the limited price movement during the weekend and considers the geopolitical situation in the Middle East as having a limited effect on the markets. Focus is on whether there's a false deviation or a fake-out below the consolidation phase. The analyst thinks there is a possibility to reclaim the 108000 level first and 109000 second, but overall the analyst remains neutral on the price action, and becoming more ready that a breakdown of the price can drop down to 101000-97000. He will switch his bias if there is a convincing reclaim to 110118.