š§© 1. Current Overview
Current Price: $106,568
24h Change: -2.25% (bearish)
24h Range: $105,306 ā $109,155
Support Zone: Around $102,000 ā $105,000
Resistance Zone: Around $111,000 ā $116,000
š 2. Indicators Analysis
Parabolic SAR
Dots are above the candles ā clear downtrend signal.
RSI (6): 30.37
RSI is near oversold (<30).
This means BTC is close to a potential rebound zone, but not confirmed yet.
MACD
DIF = -1,437.69, DEA = -1,185.04, MACD = -252.66
MACD bars are below zero and slightly flattening ā bearish momentum is weakening, but not reversed yet.
KDJ (K: 24.44, D: 35.30, J: 2.72)
K and J are below 20ā30, showing short-term oversold condition.
A technical bounce could occur soon if K crosses above D.
š§ 3. Forecast Scenarios
š» Bearish Continuation (60% chance)
If BTC breaks below $105,000, it may test $102,000 ā $100,800 next.
This scenario is supported by current SAR and MACD trends.
A breakdown here may trigger panic selling or a short-term dip to $98,000.
š¹ Bullish Reversal (40% chance)
If BTC holds above $105,000 and RSI bounces upward:
Possible rebound toward $111,000 ā $113,000 in the next few days.
Confirmation needed: daily candle close above $108,500 and RSI > 40.
