BTC's current price is $103,968.33, with a 1.87% decline over the last day. To determine if it will go up, let's analyze the market trends.

The Fear and Greed Index has dropped from 65 to 61, indicating a shift from extreme greed to neutral sentiment among traders.

BTC is facing strong resistance around $106,000, with the next critical support zone positioned at $105,000. If it breaks through this resistance, it could surge ahead.

Stalled US-China trade talks have triggered risk-off sentiment among investors, leading to widespread selling across digital assets.

Over $211 million in long Bitcoin positions were liquidated during the recent selloff, highlighting the intensity of bearish pressure.

Short-term Outlook: Crypto price predictions remain cautiously optimistic despite the current selloff. Historical patterns suggest that such corrections often precede significant rallies.

Long-term Outlook: Analysts maintain targets between $220,000 and $330,000 for the longer term.

Support Levels: BTC needs to hold above $103,706 to maintain its current price range. A break below this level could lead to further declines.

Resistance Levels: If BTC can overcome the $106,000 resistance, it could signal a potential uptrend.