Technical analysis - part 2
4-Hour BTC Chart Insights
• Price broke below MA(7) and MA(25).
• MA(7) is crossing downward = early sign of trend reversal.
• Recent high at $105,819 now looks like a local top.
• RSI (not visible but likely below 50) = loss of bullish strength.
• Next support: ~$100,900 and then $98,200 zone.
Conclusion (4H): Also bearish, breakdown from sideways zone + failed to hold support.