#BTC Drops Below $106K – What’s Next? 🚨
📉 Current Price: $105,702
🔻 24h Change: -2.34%
📊 Trend: Bearish, with lower highs/lows
📌 Key Levels
Support: $104,600
Resistance: $105,855 → $107,478 → $109,101
📈 Indicators
MACD: Deep in red, momentum favors bears
RSI(7): 28.62 → Oversold zone
Volume: Rising on red candles, weak on green
🔍 Short-Term Outlook (24–72h)
Bias: Bearish with relief bounce potential
Bounce possible to $105,855, but if $104,600 fails, next stop: $102K–$103K
✅ Watch for: Strong bounce at $104,600 for potential scalp
❌ Bear trap invalidation: Close above $107,500
📢 Trade smart. Manage risk. Volatility ahead.
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