#BTCPrediction Dont miss Observations:
1. Parabolic SAR (yellow dots): The indicator has recently flipped above the candlesticks, signaling a bearish trend.
2. Candlestick Action: There was a sharp drop in price after a lower high around the 109,600–110,000 level.
3. Price Levels:
Resistance was previously around 111,980.
Current support seems to be testing around 107,100 and 105,800.
Short-Term Prediction:
Bearish Bias: Due to the recent breakdown and SAR flipping bearish, price could continue to test the 105,800–107,000 support zone.
If support holds, a short-term bounce is possible.
If broken, further downside toward 104,000 or lower is likely.$BTC