📉 Bitcoin 4H Technical Outlook $BTC is currently trading ...

📉 Bitcoin 4H Technical Outlook $BTC is currently trading around $104.8K, moving sideways within a tight Bollinger Band range. After a clear downward structure from the $111.9K top, the market is showing signs of consolidation — but not yet reversal. 🔍 Key signals: Bollinger Bands are narrowing → volatility compression, often a precursor to a breakout. MACD remains in bearish territory, though the histogram shows momentum weakening. RSI (14) at 46.88 → neutral-bearish zone, no oversold pressure yet. 📌 What to watch: A decisive break above $106K could trigger a short-term bounce. Rejection near the mid-band + MACD failing to cross = more chop or potential breakdown. Support at ~$103.9K and ~$102.5K is key — break below and we revisit $100K psychological zone. ⚖️Cautiously bearish until momentum or volume confirms a reversal. This is a wait-and-see zone. No need to chase moves — let the structure speak. DYOR! #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#