The analysis reviews a previous prediction, anticipating a drop to $112,500. This target was hit, though the price action initially front-ran the predicted resistance. For future price movements, the analyst suggests two possible scenarios for Bitcoin. The first scenario considers a range bound trade with a target of $115,200. Alternatively, the analyst sets a $115,200 target for short positions, anticipating a lower price. The failure point for this short setup is positioned above the local high, near $116,000. This suggests a potential sideways movement between current levels and $115,200. The second scenario involves a break above local resistance at $115,200 towards the daily imbalance on Binance around $115,600 and the 12H imbalance on Bybit around $115,200 as a target for reevaluation.