Expected Scenarios for Bitcoin's Movement

Bitcoin has rebounded from its daily demand zones

which are located near the 100909 level

to resume its upward trend after a sharp decline

that affected the currency in previous days.

Currently, the currency is approaching strong selling pressure zones on the daily timeframe

which coincide with a clear downtrend on the same timeframe.

Expected Scenarios

Currently, we have several expected scenarios for Bitcoin's movement.

The first scenario is a return to a downward trend from the supply zones

identified on the chart, which are located at the 109284 level

to retest the demand zones below.

The second scenario is an upward move, provided the downtrend is broken.

This requires breaking through the specified supply zones 

and closing above them with a daily candle.

The currency would then continue its upward trajectory, targeting the next resistance levels.

These levels are located near 116369, which are considered important.

If the price breaks through these levels,

 we might see a continuation of the upward movement towards

the main supply zones at 122369.