#Bitcoin

Timeframe: 4h

The local peak at 106500.00 has been updated, opening the way for a bullish scenario. However, before a new upward surge, a correction to 104000.00 is likely. At the end of the upward movement, a terminal diagonal was formed, which can be played out.

Not all here are traders, and it may be unclear why I expect growth while predicting a decline. It's simple: the local picture (correction) and the global picture (growth) can coexist. The market always moves with pullbacks.

Let's monitor the development of the scenario. According to the global trend — the target is around $120000.00

©️ ikigai