🧧📌Bitcoin's Potential Downward Trajectory: A Technical Analysis 📊"*

🗣️🌟Bitcoin (BTC) is currently trading at $106,549.09, with a 1.06% decline in the last 24 hours. Given the presence of a seller zone and resistance level, it's possible that BTC may turn around soon.

*Key Points:*

- *Resistance Level*: A potential resistance level is identified, which could lead to a decline in BTC's price if it fails to break through.
- *Seller Zone*: The presence of a seller zone near the current price could indicate a potential reversal.
- *Downward Trajectory*: If BTC rejects the resistance level, it may move back into the channel, continuing its downward trajectory.

*Target Price:*

- *First Target*: The first target price is set at $103,000, near the center of the range and above the support level of $100,500. This area has been tested multiple times before and may act as a strong buffer again.

*Market Sentiment:*

- *Bearish Sentiment*: Some indicators show a bearish sentiment, with 17 out of 30 (57%) green days and a notable 1.20% price volatility over the past month.
- *Bullish Predictions*: However, some predictions suggest BTC could reach $125,605.28 by September 2025, and $143,440.09 by the end of 2025 ¹ ².

*Conclusion:*

While the technical analysis suggests a potential downward trajectory, it's essential to consider multiple perspectives and market volatility. Investors should keep a close eye on BTC's price action and adjust their strategies accordingly ³.#BTC chart analysis