💡*"Bitcoin Price Analysis: Will $104k Be the Next Stop? 📊"*

*Introduction:*
The current price action of Bitcoin is a topic of interest for many traders and investors. After analyzing the chart, it seems that Bitcoin is struggling below a key resistance level. In this article, we'll dive into the details of the price movement and potential future directions.
*Price Analysis:*
The price is currently facing resistance and is likely to experience a correction to $104,000. If the price falls below the Fair Value Gap (FVG), it could lead to a decline toward $100,000. However, if the price holds above these levels, it keeps the door open for another test of resistance at $108,000 to $109,000.
*Key Levels:*
- *Resistance Level:* $108,000 - $109,000
- *Support Level:* $104,000
- *Potential Decline:* $100,000
*Market Sentiment:*
A breakout above the resistance level would indicate bullish strength and a shift in market sentiment. Traders should remain cautious and reactive to how price behaves around these critical areas.
*Conclusion:*
The Bitcoin price is at a critical juncture, and traders should be prepared for potential price movements. Whether the price breaks above the resistance level or falls below the FVG, it's essential to stay informed and adapt to changing market conditions.
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*Disclaimer:* This article is for educational purposes only and should not be considered as investment advice. Trading cryptocurrencies carries a high level of risk, and traders should do their own research and consult with a financial advisor before making any investment decisions. #BTC chart analysis# #BTC@ETH#