$BTC has just witnessed a sharp decline from $103,866 to nearly $102,900 in a quick and sharp movement. But this is not surprising. As I have mentioned before, $100,000 is an important support level — and as long as we hold above this level, the long-term structure remains bullish.

Current Price: $102,968

Lowest in 24h: $102,602

Support Area: $100,800 – $101,000

Resistance: $104,356