$BTC $BTC

#BTC/USDT

Price: $103,520

Timeframe: 4 hours

The price broke support at 104,000 and dropped to 102,345 before bouncing slightly. Technical indicators show clear selling pressure:

Moving Averages MA(7, 25, 99) are trending downward.

RSI is ranging between 36 and 43, indicating an approach to oversold areas.

MACD is in negative territory with a clear bearish crossover.

📉 Technical outlook: Continuing to trade below 104,000 keeps the possibility of a retest of 102,000 or lower.

📊 To monitor: A close above 104,500 may weaken the bearish momentum.