$BTC is trading at $105,674, with a 0.95% decline in the last 24 hours. Key levels to watch are $108,500 as resistance and $100,000 and $95,000 as support. A breakout above $108,500 could drive the price to $110,000, while a drop below $100,000 might signal a stronger correction.
The rising trendline from March remains intact, and the price relative to its 50-period moving average will be crucial in determining the trend. Market sentiment is cautious, with investors watching macroeconomic factors and upcoming data like the Federal Open Market Committee (FOMC) and Non-Farm Payroll (NFP) to influence Bitcoin's price movement.
$BTC