$BTC ๐ BTC/USDT Update โ Rapid Drop to $105,213
Timeframe: 15m | Trend: Bearish Pullback
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๐ Technical Snapshot:
Current Price: $105,213.15 (โ -2.44%)
24h High: $107,965.62
24h Low: $102,664.31
Volume: 3.05B USDT โ very high, indicating strong selling interest.
MA Alignment:
MA(5): $143.41 โ turned sharply downward.
MA(10): $208.04 โ crossing above MA(5), bearish sign.
MA(99): $105,130.75 โ now acting as dynamic resistance.
Candlestick Formation: A lower high and lower low structure with large red candles = ongoing correction.
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๐ Key Zones:
Immediate Resistance: $105,660 โ $105,980
Current Support: $104,118
Critical Support Break = potential drop to $102,600
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๐ฎ Short-Term Prediction:
๐ If $104,800 breaks down: Expect fast drop toward $102,600
๐ If price holds above $105,200: Possible bounce back toward $106,000โ$106,400 (but weak unless volume flips bullish)