$BTC LOST THE 105K
Bitcoin, I am analyzing the 4h chart
1. Support lost with strong volume
The loss of the $105,000 zone occurred with increasing volume, which validates the breakout and indicates strong selling pressure.
The current red candle is wide and aggressive, typical of panic/mass stop loss movement.
2. Next critical support zone
$101,000 to $102,200
Region where there was previous accumulation (pullback) in previous days.
If it breaks $102,000 with strength, the most likely target is:
$98,000 is the psychological + technical support (key daily level).
If it falls below 100k, do not panic. The whales will buy, I will buy and I suggest you buy what you can afford to risk. Of course, it could fall further, but the scenario tends to recovery in the short term.