#btc A closing below 102315 occurred in the 4-hour timeframe. It reacted from the first support. However, we will closely monitor this area. If it cannot maintain a position above the highest value it saw yesterday, which is 105819, another drop may occur.

If a closing below occurs, the levels 100881-97947 (these measurements are redone as peaks change, so they may differ slightly from the levels I provided yesterday) are Fibonacci retracement levels that could act as support.

If it passes the peak at 105k and the resistance in the 106-109k region (an area where BTC has not achieved a candle close since December 2024) with a strong candle and closes above, the resistance will be broken. If the rise continues, the resistance at the 114000 level will be significant.

One of the important levels we will monitor is 93377. As long as it stays above this level on the daily chart, the expectation for an upward trend continues.

If a daily closing occurs below 93377, the pink box in the 91652-90479 region is a support area.