$BTC 🔍 **What does the chart show?**
- The price is moving within a **downward channel**, which means that every time it goes up a bit, it goes back down.
- There is a **strong resistance** near **107,000 USD**, where many sellers come in and push the price down.
- The support (the “floor” of the price) is around **102,000 USD**.
📉 **Simple translation**: Imagine that the price of BTC is going down a staircase. Sometimes it tries to step up a stair, but there is someone pushing it back down. Until it has enough strength (buyers), it will continue to go down or move sideways.
