#CryptoTrading.

📈 $BTC /USD Technical Analysis

Bitcoin is currently trading near USD 104,851, ranging between USD 102,816 and USD 106,000. The key resistance at USD 106,000 has recently held back bullish momentum, while the support at USD 102,816 is showing resilience. Recent data shows weak bearish pressure with volumes at -572, which could indicate consolidation before a new move.

💡 Technical Signals:

• The upper trendline (resistance) at USD 106,000 is a barrier to growth. A break of this level with volumes could open the way to USD 108,000–110,000.

• The lower support at USD 102,816 is a critical zone. A drop below this could drag the price to USD 100,000.

• The decline in trend lines and the “BUY” mark at 104,842 USD hint at a possible recovery if the market gains positive momentum.

🌐 Forecast: The market currently looks neutral with a slight bias towards an upward correction. We recommend watching for breakouts of key levels and getting confirmation of the trend. Today’s activity may provide clues for the rest of the session!