**Looking at #BTC 4h**
The situation with Bitcoin, as I see it, is developing as follows:
The upward momentum is still maintaining its strength, and expecting a deep local correction in the current conditions seems premature.
The nearest growth targets I see are in the range of $105,000โ$110,000, and reaching the $100,000 mark seems quite likely in the foreseeable future. ๐
### Possible scenarios for price movement:
There are two likely scenarios for the price:
1. Continuation of the growth from current levels, possibly with a brief pullback to the $94,000โ$95,000 range. ๐
2. A deeper correction, which could bring the price down to the $85,000โ$87,000 range, from where there are good chances of recovering the upward trend. ๐ฝ
If the price reaches the $85,000โ$87,000 range, I believe it will be an excellent buying opportunity. ๐ธ However, given the current market strength, it is hard to say if the price will reach these levels in the near term.
The scenario with a longer correction might only become relevant if the price firmly consolidates below the $85,000โ$87,000 range. ๐ However, I assess the likelihood of this scenario as extremely low. ๐