The analysis focuses on Bitcoin, using technical indicators to predict a bearish trend. The analyst looks at historical patterns from 2021, highlighting how breaking support and resistance levels has led to significant price movements. Currently, resistance is estimated to be at 123000, the invalidation point for the bulls is 106000, with the next volume support at 98000. A bearish scenario is predicted if the price breaks below 106000, targeting 98000, which aligns with the EMA ribbon on the weekly chart.