Bitcoin Analysis | Key Support Retest in Progress

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📉 Bitcoin Analysis | Key Support Retest in Progress

As shown in the chart, BTC has dropped precisely to the main support zone previously highlighted in our earlier analyses. So far, we haven’t seen a strong bullish reaction, which increases the likelihood of a retest of the major green support area.

🔻 If price breaks below the $104,120 level, the next key support to watch lies between $103,570 – $103,300.

🔼 However, if BTC starts to bounce from this zone, the key resistance levels and upside targets will be:

$104,740

$105,900

$106,800

and potentially $107,900

📌 All these zones have acted as key turning points in the past, so mark them on your chart and trade accordingly.

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