#HODLTradingStrategy Digital currency forecasts, especially for Bitcoin, indicate the likelihood of continued volatility 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 in a trading range between $104,000 and $110,000.

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

- *Possible Scenarios:*

- Bullish scenario: A breakout above $110,000 and maintaining above it, which could lead to further upward movement towards $123,000 - $125,000.

- Bearish scenario: Continued weakness in liquidity and buying momentum, which could lead to a break 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 analysis and actual results may vary. It is advisable to continuously monitor the market and review analyses periodically to make informed decisions. #WIF