#BinanceTurns8 Digital currency forecasts, especially for Bitcoin, indicate a likelihood of continued fluctuations within a narrow range before a strong movement occurs. Here are some key points ¹:

- *Support and Resistance Levels:*

- Support: $100,000 - $97,000, and $74,500 - $72,000.

- Resistance: $112,000, and $121,199 - $122,500.

- *Technical Forecasts:*

- Bitcoin is expected to remain within a trading range between $104,000 and $110,000.

- A breakout above $110,000 could lead to a rise towards $114,500 - $125,000.

- *Potential Scenarios:*

- Bullish Scenario: A breakout above $110,000 and sustaining above it could lead to a continuation of the rise towards $123,000 - $125,000.

- Bearish Scenario: Continued weakness in liquidity and buying momentum could lead to a breakdown below $104,000.

- *Technical Analysis:*

- The flat ascending wedge pattern indicates the possibility of a rebound from the support area.

- The harmonic Gartley pattern suggests a potential reversal area at $106,290 - $106,400.

It is important to note that these forecasts are based on technical analyses and actual results may vary. It is advised to continuously monitor the market and periodically review analyses to make informed decisions. #BinanceTurns8 $BTC