$BTC price prediction
Bitcoin has turned down from the 20-day EMA ($105,232), indicating that the bears are fiercely guarding the level.
The bears will try to strengthen their position by pulling the price below the immediate support at $103,000. If they manage to do that, the BTC/USDT pair could sink to the psychologically crucial $100,000 level. Buyers are expected to fiercely defend the $100,000 support because a break below it may sink the pair to $93,000.
On the other hand, a break and close above $106,000 could push the pair to the $109,588 to $111,980 overhead zone. A break and close above the zone could catapult the pair to $130,000.