$BTC From a technical perspective, the Bollinger Bands are rapidly expanding, and the price has fallen below the middle band, indicating a short-term shift to a bearish trend. Bitcoin has fallen below the important psychological support level of $107,000 and is currently seeking support in the $105,000-$106,000 range. If this level is lost, it may further decline to around $103,000. Resistance levels include $107,000 (previous support turned resistance), $108,500 (short-term resistance), and $110,000 (previous high).