$BTC We initially expected a rise, followed by two drops—and that’s exactly how the chart played out. The price reached a peak at 105,850, which stands as the current high. Typically, a bounce is possible from key support zones, but when the price reached 102,450, no rebound occurred—it failed to hold. The same happened around the 103,350 level, where it also failed to continue upward.

At present, the price is approaching the 101,500 support area. This level is considered strong, but if it breaks, further decline is possible. In that case, the next major support lies at 100,650, which is a historically strong level and has a high likelihood of triggering a bounce.

Our current downside targets are 99,350 and 98,000—critical zones where a rebound could occur. These areas are particularly important for our strategy. In the event of a deeper collapse, we would look toward 97,000 and 96,000, both of which have previously acted as strong support and resistance levels, and may once again serve as a base for recovery.

Despite the current bearish pressure, we remain optimistic about a significant upward move in the coming months.