$BTC is currently maintaining an upward trend, with prices showing steady movement between key support and resistance levels. The price recently faced resistance around $108,000, leading to a pullback below $106,000.
If buying pressure increases and the price rebounds, BTC could attempt another move toward $108,000 and possibly higher. On the downside, failure to hold above $104,000 may lead to further retracement, signaling caution for short-term traders.
The trend remains upward for now, but volume and price action at these critical levels will determine the next move.