Here's the latest Bitcoin ($BTC ) technical analysis:

Current Price: $107,260.01¹

Trends and Signals:

- 5-minute trend: Neutral

- 1-hour trend: Downward [-1.02% decline]²

- 24-hour trend: Downward [-3.83% decline]

- Relative Strength Index (14): Oversold [28.22]

- Stochastic K (14,3,3): Neutral [38.22]

Moving Averages:

- 50-day: Sell signal

- 200-day: Neutral signal

Technical:

BTC likely to bounce back to $112k or drop to $102k soon [based on analysis of trends and signals].