Bitcoin's Expected Short-Term Movement

Bitcoin has reached strong daily demand zones.

It has also reached overlapping zones on the 4-hour timeframe.

The currency is currently consolidating, and the signals are strong so far.

The currency is expected to rise as a result of these operations.

Towards the specified targets at the 113,500 and 116,700 levels.

On the other hand, if the price falls and closes below the support levels,

most recently at the 107,200 levels, the current consolidation operations will fail.

Therefore, we are expected to see a continuation of the current decline.