$BTC 📊 Technical Analysis of #Bitcoin vs. USDT

In the last 24 hours, the BTC/USDT pair has experienced significant fluctuations:

- 🔻 Current Price: $103,294.99, down 1.19%

- 🔼 Highest Price: $106,524.65

- 🔽 Lowest Price: $102,345.00

- 🔁 Trading Volume: 1.69 billion USDT and 16,186.98 BTC

🧠 Key Technical Indicators:

- RSI indicates the beginning of an oversold condition, which could pave the way for an imminent upward rebound

- MACD shows a negative crossover, reflecting continued selling pressure in the short term

- MA60 is trending down, indicating a weakening uptrend

📌 Current Support: 102,345

📌 Next Resistance: 106,000 107,200

🎯 If the price holds below 103K, we may see a new test of support. However, if the price retraces above 106K, the upward momentum could return strongly!

🚨 This analysis is not considered a financial recommendation, but rather a technical view of current developments.