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Future Forecasts
Positive Scenario: A clear breakout above the level of $120,000 with support from liquidity and strong trading volume may pave the way towards levels of $122,000 then $130,000.
Negative Scenario: Failure to surpass resistance and a return to test supports at $107,000 – $104,000.
Neutral Scenario: Continued sideways trading within the current range until new economic or institutional catalysts appear.
The current situation of Bitcoin shows a state of cautious anticipation, as the currency stands at a crossroads between strong resistances and strategic supports. However, the element of liquidity remains the key to understanding the upcoming direction; the more withdrawals from platforms continue and the more indicators of investor accumulation increase, the greater the chances of a new upward wave.