Top trader DonAlt has outlined a bullish scenario for Bitcoin, suggesting a pullback from $120,000 to $104,000 as a critical support test. He notes that the monthly and weekly charts indicate strong support around $100,000, while the daily chart suggests a potential higher low between $102,000 and $104,000. If Bitcoin maintains this support, it could propel the cryptocurrency toward $130,000 and beyond. Conversely, a failure to hold this level might result in a decline to the $82,000–$89,000 range.