Is BTC continuing to fall or has it stopped falling and started to rebound?

106100 has become a key price

BTC fell all the way yesterday, stopping the fall and rebounding near 103300. Recently, it is unlikely to fall below the 103300 position, which is relatively the bottom. Next, it will form a triangular convergence structure, and there is a very key position here, which is 106100. Whether this position breaks through or not will lead to two types of trends:

First: If BTC can rebound and break above the 106100 level, and hold steady at 106100, then BTC will continue to break upwards, potentially surpassing 110000 and reaching new highs, looking towards 130000.

The second scenario: If BTC cannot break through the 106100 level, then BTC will continue to move down and will test the 100000 threshold again. If it falls below 100000, BTC will look towards the 92000-95000 range.

So, everyone can pay attention to 106100, this position is very critical, let's see what structure it takes as we go.