Bitcoin Technical Outlook (Based on Recent Observations)

So far, Bitcoin has not yet completed the 3-day red candle close we've been watching. The key decision zones I previously marked—especially the 0.382 Fibonacci level at $112,890—remain unbroken. This level is critical for confirming bullish continuation.
For Bitcoin to maintain its upward momentum, we need a candle close above both the decision zone and the channel's midline, as illustrated by the orange arrow I previously shared.
In my view, if the $103K–$100K support zone breaks downward, we could shift into a bearish stance. This type of behavior from Bitcoin has been typical over the past 640 days.