Bitcoin (BTC) Price Analysis – Key Support in Focus 🚨
Bitcoin is currently trading at $105,745, trying to fall below EMA50 on the 4-hour timeframe after clearing oversold conditions.
The RSI is neutral, indicating no strong momentum in either direction, while the MACD shows a negative signal, suggesting potential bearish pressure.
Key Support:
BTC has strong support at $103,100. If this level breaks, the next potential downside target is around $97,000.
