$BTC ☀️ Bitcoin closes the weekly line😁 This week, Bitcoin has closed with a bearish candlestick cross, making it three weeks in a row with closing prices showing highs compared to previous highs and lows, following a downward trend line, with bears holding the advantage. MACD is shrinking, and KDJ is forming a potential death cross at a high position. Multiple indicators have shown bearish signs, making it temporarily difficult to break through the high point of 111900😭

The 3-day line trend is more complete😬 A bearish engulfing pattern has appeared, and the MACD fast and slow lines have formed a death cross. A decline with increased volume at this position is just a matter of time.🤭

Looking at the daily line☀️, support is forming around 103000, and as long as it doesn't drop below 102600, we still expect a rebound. ✌ Upper resistance at 107200/108500/109200. If it cannot break through the downward trend line at 109200, it will form another high compared to the previous high, with a high probability of a significant pullback,😭 potentially even dropping below 102600, reaching positions around 100000 or 97000 gaps. Lower support: 103800/102600/101000