$BTC
The Bitcoin ($BTC) currency has declined to levels of $106,300 after failing to surpass the psychological resistance at $110,000.
This drop is the first real correction after a strong uptrend that lasted for weeks.
📉 Key indicators:
The Relative Strength Index (RSI) is declining from overbought areas.
Daily trading volumes have decreased by 18%.
There is strong support currently at $105,000, and breaking it could open the door for a drop towards 100K.
✅ The overall trend is still bullish, but in the short term, the market looks exhausted.
✍️ Do you expect a rebound soon? Or is Bitcoin preparing to test the 100K support?