Bitcoin all timeframes are not recommendations, just an analysis subject to being right or wrong ⚠️
We notice the purchase demand zones indicator in blue on the midline of the Jan square box 93700, but the scenario may fail ⚠️
The bullish scenario if the price remains above 107,000 – 108,000$ with a gradual break of the 114,000$ level, Bitcoin may target the 121,000 – 124,000$ area. This area will be a crucial test: if broken with a strong daily close, the rise may extend towards 135,000$.
The bearish scenario breaks the 107,000$ level then 101,000$ will increase the negative pressure, the next target will be 93,700$,
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