Bitcoin long-term and short-term analysis forecast and explanation..

#Bitcoin is currently strong for a long time, even if we reach the 80k mark, I believe it will be perceived as a demand zone and aim for around 120k with renewed purchases.

The 80k scenario is not yet active because there has been no breakout.

The breakout area is hourly closes below 104k.

On the other hand, there is still no reversal in the short term, it is still targeting the upper areas.

There is a high possibility of a breakout around 109k, therefore short positions are risky before 109k, in my opinion.

If we reach 109k, then we will look for short positions by following the breakout of 106k..

#bitcoin