Bitcoin (BTC) Quick Update
BTC is currently hovering around a key demand zone ($101.8K–$102K) on the 1H chart.
Holding this zone = possible bounce toward $103.5K–$104.5K
Breakout above $104.5K = bullish continuation toward $106K+
But... if breakdown happens:
Breakdown below $101.5K = potential fall to $100K psychological level, and even $98K–$97K support zone!
Current Structure: Multiple CHoCH + Weak High
RSI is low (near 38) – signs of bearish pressure still active
Volume declining – waiting for a strong move soon!
Watch this zone closely
No position? Wait for confirmation.