The analysis for BTCUSDT on September 4, sets a bearish tone. It suggests potential downside with a target around $105,000, with resistance identified near $112,000, a level coinciding with previous support, implying it has now flipped to resistance. A failure of this analysis would be breaching $116,600. The analyst points to the potential for Bitcoin to go lower because more longs than shorts are overweighing bitcoin and because RSI is having issues to pass to the overbought zone. It considers analysis of various time frames and the next days will be volatile to downside with a potential low between 104,800 and 100,000.