The Bitcoin price is currently near a key support zone between $104,000 and $102,500, which has historically served as an area for accumulation. Analyzing the technical charts, BTC appears to be nearing the end of its correction phase and might experience a bounce from this level toward resistance levels above. đź’° I’m initiating a long position from current levels ($104,453), anticipating a short-term recovery. My target zone is located near the next resistance area around $112,000 where I plan to book partial or full profits and reassess the market structure for potential future moves. đź“Š 4H chart analysis shows that BTC might be forming the final micro wave 5 of a corrective wave C, typically signaling the end of a downtrend phase. If the price holds above the key support zone ($104,000- $102,500), we could see a strong reversal in the coming sessions. ⚠️ However, if BTC breaks below $101,900 with significant momentum, this long setup could be invalidated. It’s important to note that further downside might occur. This analysis is for informational purposes only and should not be considered as financial advice.