$BTC - *Current Price*: Approximately $103,540.
- *General Trend*: Neutral leaning towards a decline, with fluctuations in a narrow range.
- *Strong Resistance*: At the level of $106,400, where the price recently failed to break through.
- *Nearest Support*: Around $103,000, and if broken, we may see further retracement.
- *Technical Indicators*:
- The Relative Strength Index (RSI) shows mixed signals, reflecting a state of indecision in the market.
- Moving averages indicate persistent selling pressure⁽¹⁾⁽²⁾.
Bitcoin is currently "between a rock and a hard place" as they say—trying to determine its next direction amidst a balance between buying and selling forces⁽¹⁾.