Question: Will Bitcoin rise or fall?

The answer depends on several factors, but based on the analysis of Gann angles and the current context, here is the technical estimate:

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Current technical situation:

• The price is now at ~104,000$, touching the 4x1 angle from the low of 15,500$.

• This angle represents a very strong historical resistance (corrections usually happen at this point).

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The most likely scenario in the short term (from one week to 3 weeks):

1. Temporary downward scenario (60–70% likely)

• Technical reason: Touching the strong 4x1 angle without a clear breakout.

• Expected support areas to drop to:

• 95,000$ (3x1 angle)

• 84,000$ (2x1 angle – very strong support)

• Expected behavior: Temporary corrective drop > then upward rebound.

2. Bullish breakout scenario (30–40% likely)

• Key condition: Strong daily/weekly close above 106,000$

• Targets for the rise if the breakout occurs:

• 118,000$ (medium target)

• 130,000$ (upper limit of the 8x1 angle)

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Technical summary:

Bitcoin is currently in the “testing zone”.

If it fails to hold above 105,000$, there is a high chance for a corrective drop toward 84,000–95,000$.

However, if it breaks 106,000$ with a clear close, we may see a new upward wave targeting 118K–130K.