After dropping from the $107,000 resistance level, #bitcoin failed to regain #bullish momentum and has now broken below the key support at $105,000.
Currently $BTC trading is around $104,000, the price action looks weak, and increased volatility suggests that further downside is possible.
If this level doesn't hold, the next major #support zone is around $100,000, which also acts as a strong psychological level. This could be where buyers step in — but until then, the short-term trend appears bearish.
