$BTC $BTC USD Update — Sudden drop to 105.213 $

Period: 15 minutes | Trend: Bearish correction

🔍 Technical view:

Current price: 104.996 $ (down 2.44 %)

24h range: 102.664 $ – 107.966 $

Trading volume: 3.05B USDT — indicating strong selling pressure.

Moving averages:

MA(5): 143.41 $ — in strong decline

MA(10): 208.04 $ — crossing below MA(5), signaling bearish momentum

MA(99): 104.996 $ — now acting as resistance

Candlestick patterns show lower highs and lower lows, with significant red candles confirming the ongoing correction.

🔑 Key zones:

Support: 104.118 $

A break below 104.800 $ could trigger a quick move to 102.600 $.

📈 Short-term outlook:

If 104.800 $ is broken, expect a quick drop to 102.600 $.

If prices remain above 105.200 $, a jump to 106.000 $–106.400 $ is possible, but only if the volume becomes