$BTC The BTC price is approaching 103,000$ and is giving a strong signal of a potential low on the hourly timeframe. The last time this happened was on June 6, around $100,300.

But it is important to keep in mind that there can be up to three signals of a low. And for now, we don't even have the first candle closed.

If the situation repeats, the next 2.5 hours should provide an ideal entry point. We need to watch for signs of buyer strength, but so far, it is not visible.