$BTC
#BTC/USDT
Price: $103,520
Timeframe: 4 hours
The price broke the support at 104,000 and dropped to 102,345 before slightly rebounding. The technical indicators show clear selling pressure:
Moving Averages MA(7, 25, 99) are trending downwards.
RSI is ranging between 36 and 43, indicating approaching oversold areas.
MACD is in negative territory with a clear downward crossover.
📉 Technical outlook: Continuing to trade below 104,000 keeps the possibility of retesting 102,000 or lower.
📊 To watch: Closing above 104,500 may temporarily weaken the downward momentum.
