Bitcoin Analysis (Daily Time Frame)
In the past week, Bitcoin managed to break through the $99,944 level as per the previous analysis, reaching up to $102,796. However, it failed to stabilize above this zone and corrected back toward the $91,224 range.
- Main Scenario: Bitcoin is expected to remain range-bound. It may move back toward the $99,944 resistance level and then $102,796. If this level is broken, the next target will be $108,403.
- Alternative Scenario: If Bitcoin moves toward the $91,224 support level and breaks and stabilizes below it, the next target will be the $85,119 zone.
Bitcoin Analysis (4-Hour Time Frame)
- Main Scenario: If Bitcoin breaks and stabilizes above the $95,855 level, the next targets will be $99,944 and then $102,796.
- Alternative Scenario: If the above scenario does not materialize, and Bitcoin breaks and stabilizes below the $91,224 support level, it may move toward $85,119.
Bitcoin Analysis (15-Minute Time Frame)
- Main Scenario: If Bitcoin breaks and stabilizes below the $93,983 level, the next targets will be $92,210 and then $91,224.
- Alternative Scenario: If the above scenario does not occur and Bitcoin breaks the $94,696 resistance level, it could move toward $95,855 and then $99,944.