LONG: #BTC | 1D

The analysis indicates a decline in the price of Bitcoin towards key support levels at $104-105K, while it continues to remain above the 25-day moving average, suggesting a medium-term bullish trend. However, the presence of resistance requires caution and monitoring the possibility of reversals. Potential price targets: a rise to $112K and above $120K if support holds, while a drop to $100K if that fails.