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#Bitcoin is currently consolidating between $104K and $107K, trading at $104,589 with a 42.32B$ 24-hour volume. After hitting a high of $107,006, the price faces resistance and steady support around $103K-$104K.
🔍 Short-Term Outlook
BTC$BTC is range-bound with a potential buying opportunity near $104K, targeting $106,500. A breakout above $107K could lead to further gains.
📊 Long-Term Trends
The broader trend remains bullish, with strong support at $98K-$100K. However, volume decline and weak momentum raise concerns about sustainability.
⚖️ Bearish Risks
A drop below $104K could signal a correction, possibly testing 100k$.