$BTC Bitcoin is currently trading at $102,652, down slightly by 0.26% from the previous close.

Shadows: The current weekly candle shows a long lower shadow, which suggests strong buying pressure at lower levels.

Technical indicators: The Relative Strength Index (RSI) is close to overbought levels, which could signal a downside correction that could occur soon.

Forecast:

Support: In the event of a downside correction, the price is expected to find strong support at the $100,000 level.

Resistance: If the upward momentum continues, the price is likely to face resistance at the $105,000 level.