Bitcoin2025 is currently testing a key support zone at $104,800, where the ascending trendline and horizontal support intersect.
This level is crucial, holding here could trigger a bounce back toward the $117Kโ$121K zone within the rising channel.
However, a breakdown below this support may lead to a drop toward the $101K fair value gap or even lower supports around $97K and $88K.
BTC is at a decision point.
Watch this level closely for the next move.
DYRO, NFA
