$BTC
Bitcoin (BTC) is currently trading at $110,688, down 0.71% in the past hour. After touching a high of $111,980, it has faced resistance and is now hovering near the middle Bollinger Band ($111,182). The RSI (6) is at 32.53, indicating bearish momentum but nearing oversold territory.
Traders should watch for a bounce from the lower Bollinger Band ($110,559). If support holds, a short-term reversal could be possible. However, a break below may signal more downside towards $109,745 or even $108,206.