That 1-hour $BTC chart is looking a bit dicey.
We saw a pretty strong sell-off earlier, finding some tentative support around the $103,400 area.
Since then, it's been a grind higher, but not with a ton of conviction.
The bounces are looking weak, and volume isn't really confirming any strong upside move.
We're currently hanging around $104,700.
If we can't get a decent push above $105,200, I'd be watching for a retest of those lows.
A break below $103,400 could open up more downside. On the flip side, a convincing break above $105,200, especially with some volume, would be a good sign.
For now, it's a bit of a waiting game.
