Bitcoin is trading around the $105K range with market cap slipping over 2.91% to $3.32 trillion.BTC lost over 2.47% in the last 24 hours, hitting a daily high of $108,910 and a low of around $104,684.At present, Bitcoin is trading at $105,302 with a 15.36% increase in daily trading volume, witnessing $214.31 million in liquidations.Technical indicators show a bearish pattern for BTC with negative momentum, cautioning a possible further downside or consolidation.