BTC, from the 4-hour chart, BTC continues to operate near the middle band of the Bollinger Bands, with the upper band at 109000 effectively suppressing the price. The pressure and subsequent decline indicate that bearish momentum is dominant!

The key support level below is at 107400. If this level is broken, support may be seen around 105000.

Recommendation: Short at 108700-109500, target 107000, if broken look for 105000!