The current situation in Bitcoin is a bit problematic, but the color of the market can change if it stays above $106,000. If reactions strengthen above this level, the $112,000 zone will gain importance as resistance. If that level is also surpassed, $115,000 can be tested, and the upper band of the descending channel will have been tested once again. If weekly closes come above the channel, this will be a sign of a new rise for #Bitcoin.

In summary: $BTC is still fluctuating within a descending channel. Selling pressure may continue up to $106,000, but if this zone is maintained, an upward trend may begin. Conversely, if a breakdown occurs below $106,000, there is a risk of acceleration in the decline.