$BTC as in a 3D view, it will be difficult to avoid BTC closing with a red candle.

The nearest support is the range of 112,000-111,000.

The main support is 105,600 (if it loses support at 105,000, BTC may experience a sell-off because this is the area where whales and market makers invest to secure profits).

Currently, BTC

is forming a double top and a double bottom; one of the two models will determine whether it breaks resistance or reverses.

Today, the admin mentioned that there will be a quite important conference. Because this conference may be used to find the trend point for the future, including the direction of the policy framework in the future.

Currently, BTC is trading below MA7 at around (115,700) and EMA5 at around (115,000) on the 1D view, showing a downward trend on 1D.

The admin leans towards a downward trend according to the 1D and 3D views for BTC.

And BTC dominance is also seen to be decreasing, so it is certain that BTC will find it hard to increase.

With decreasing BTC dominance, it’s not certain that the money will fully flow into altcoins. It might be better to keep wallets for observing to catch the bottom of BTC or wait for good charts of individual altcoins to trade.

Slowly, it could be around the end of the month (28-1), quickly, around 26-27-28.

The admin leans towards a drop to the 105,000 range.

The admin also sees this as a normal adjustment when BTC has a new peak at 124,500.

All are predictions based on the chart and the admin's objective view.

Not considering data that is subject to volatility.

Such as the upcoming announcements from the Fed or geopolitical instability. Please do not consider this as investment advice.

Closing weekly above 118,000 or below 114,000 is quite important; if BTC can reclaim the range of 116,400-116,500, it may reverse the situation and move towards resistance at 119,000.