Recent price decline raises concerns: Over the last 24 hours, Bitcoin has dropped nearly 2%, highlighting a false breakout at the critical support of 103,287 USD. If the market closes near this level, a drop to 102,000 USD could occur.
Sideways trading expected: Traders should anticipate continued sideways Movement within the range of 104,000-106,000 USD unless significant changes occur. Weekly candle closure around 105,149 USD will be pivotal for Bitcoin’s future direction.