$BTC - Protected Low

BTCUSDT | 1D

Price got strongly rejected at 106.5k

It deviated below the 4-hour mini-range. We now need to see a reclaim of 105–105.1k. If not, a retest of the value area low at 101.4k is likely.

100k remains to be the protected low, and it would be critical if we won't get a valid retest at 101.4k

local resistance: 105-105.5k
local support: 101.4k
protected low: 100k