On the time frame, the Bitcoin price is trading at around $104,305, which is a daily increase of about 3.03%. The moving average of the MACD indicator shows DIF at 319.14 and DEA at 199.70, which means that bullish signals are still present despite the decline. The RSI (6) is around 52, so the market is in a neutral zone and a significant correction is unlikely. The KDJ indicator shows that K is at 55, D is at 67, and J is at 30, which indicates a slight correction possibility before a new rise. The current OBV is 21,134, reflecting a volume accumulation in favor of buyers after a decline over the last 7 days, during which Bitcoin has decreased about 2.02%, and over the last month, it has risen about 10.16%. An important support level is at $103,000; if the price maintains this level in the coming hours, it will support the upward movement. The first resistance is at $105,000 - $106,000, and if this area is breached, the price will reach $108,000. If the price breaks below $102,000, it may see a correction to levels of $100,000 - $98,000. The overall technical situation encourages gradual upward movement as long as the main movers keep the price above support. In the medium term, if the price stabilizes above $105,000 for two days, we might see a new target at $115,000 within two weeks. Our short-term expectations: a slight correction to $103,000 before an attempt to rebound upwards. Traders need to monitor the level of $101,500 to protect assets. God knows best, and I lean towards the bullish scenario.

$BTC