Bitcoin Traders Eye Breakout Potential at $105,070 – 4 Likely Outcomes

Bitcoin’s price patterns suggest a possible move above the $105,070 threshold, but a drop toward $95,840 is also within reach. Analysts anticipate four potential outcomes, with trading activity focused on the projected range of $95,840 to $105,070. A recent chart breakdown shows Bitcoin’s price hovering near $105,000, where a 20% chance of upward movement beyond this level is predicted, alongside a 35% probability of a decline towards the $102,600 support level. The analysis also predicts a 30% chance of dropping to $100,665 and a 15% chance of falling further to $95,840. These zones are marked by specific targets for potential price movements.