$BTC /USDT TECHNICAL ANALYSIS
BITCOIN DROPS BELOW $104K SUPPORT
BEARS IN CONTROL AMID STRONG SELLING VOLUME
$BTC /USDT is trading at $103,978.57, marking a -3.51% decline in the last 24 hours. After hitting a 24h high of $108,450, Bitcoin has slipped sharply, breaking below psychological support at $105K. The volume data shows significant selling pressure, with over 2.71B USDT in 24h trade volume.
Trade Setup:
🔴 SHORT if BTC stays below $104,000 and fails to reclaim it—next support lies near $102,000.
🟢 LONG only if BTC reclaims $106,000 with strong buying confirmation.
Market Outlook:
BTC is under pressure as it breaks down from recent support zones. If the bearish momentum continues, a retest of $102K–$100K is possible in the short term. Bulls need to step in fast to avoid further downside.
