The price of Bitcoin struggled to break above $107,000 and has now corrected its gains. BTC is approaching the $100,000 mark and may find support in the near term. The price initially climbed above $106,500 but faced resistance above $107,000, resulting in a correction. There was a move below the $105,000 level and a break of a bullish trend line. The price is now trading below $103,500 and the 100-hourly moving average. Immediate resistance is at $102,200 and the next key resistance is at $104,000. If the price fails to rise above $102,200, it could start a downside correction with support levels at $100,500 and $100,000.



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