Technical analysis for the currency $BTC – 4-hour frame $BTC

🔸 Bitcoin is currently trading around 105,700 and is facing strong resistance between 106,100 – 106,800

🔸 The price has attempted to break through this area multiple times, but there has not yet been a close above it

🔸 We have strong support around 104,000, and if it breaks, we could see 102K or lower

🔸 The RSI indicator shows gradual upward movement, but it is still below 50, which means buying is weak so far

🎯 Positive scenario:

If the price manages to break 106,800 with a 4-hour candle close:

First target: 108,000

Second target: 110,500

Third target: 112,000

⚠️ Negative scenario:

If the price is rejected from the resistance and falls below 104,500:

First target: 103,200

Second target: 101,800

Third target: 100,000

📌 Note: We must monitor price movement at critical areas, and confirmation is important before entering (confirmation candle + successful test)

⚠️ Disclaimer: This analysis is for educational purposes only and is not financial advice.