On 2h timeframe we have kinda the same pattern as a month ago on daily. All we need is to break out $105k.

Then my follow targets are:

- $114k

- $109k

Just to repeat, this is only if BTC breaks $105k.

About bearish scenario:

We formed support at $101k. If this support were to break, then my target is $92k, exactly where we have a bearish CME GAP.

ETFs continued to buy again yesterday, purchasing $320M+, which is good. In short, a very clear situation with BTC, just need to see the breakout (upside or downside).

I will make a separate post once one of these scenarios is confirmed.