At the beginning of this week, coinciding with the formation of the Bitcoin weekly chart, let's delve into the possible trends of BTC in the coming days.

The current market is at a critical crossroads. If Bitcoin can break through the $117,000 mark within this week, we are likely to witness a new upward trend. A breakout at this price level will provide strong confidence for the bulls and may trigger more investors to enter the market.

However, if this key resistance level is not broken, from a weekly perspective, we may witness Bitcoin continuing to pull back and testing several important support levels below. These support levels are located near 111,880, 110,500, and 110,900 dollars. These price levels will be crucial in determining the trend in the short term.

It is worth noting that recent market fluctuations may be influenced by various factors, including but not limited to the global economic situation, changes in regulatory policies, and the attitudes of institutional investors. Therefore, closely monitoring the impact of these external factors on market sentiment is also crucial.

For traders and investors, it is essential to conduct thorough research and risk assessment before making any decisions. The market is constantly changing, and it is very important to maintain vigilance and a flexible trading strategy.

In the end, no matter how the market changes, maintaining calm and rationality is always a wise choice. Continuously monitor market dynamics and adjust strategies in a timely manner to seize opportunities in this cryptocurrency market full of challenges and chances.