At the moment, the trading price of Bitcoin is $104,303.02, which is a little lower than the previous price, down 2.39%. [doge][doge]

But please note that Bitcoin has rebounded significantly from the lowest price of $103,137.82 in 24 hours.

At the beginning, the market was pessimistic and everyone was bearish, but Bitcoin has stabilized and is still trying to move to a higher price.

Now Bitcoin is about to face the resistance level of $105,452. If it can break through this price, it will have a chance to continue to climb to $106,524 or even higher.

If buyers can keep up this upward momentum, it may mean the beginning of a short-term rebound phase.

If it goes down, the support level of around $103,100 is quite critical. If the price falls below this important support, Bitcoin may continue to fall to $102,968.

So traders should keep an eye on these key price points.

In addition, both the volume and MACD indicators show some early accumulation, which seems to indicate that if the resistance level can be broken, it may be a good time for buyers to enter the market.