🔥Bitcoin's next step: Aiming for $100,000 and higher targets? + 19 lectures on Chan Theory diagram teaching👇
====================== Currently, $100,000 is a significant target for the recent price of Bitcoin, but what is truly worth paying attention to is: does Bitcoin have the ability to break through this important psychological barrier and enter a new historical high? ====================== From a technical perspective, Bitcoin is currently at a critical turning point. If it can maintain a stable position between $90,000 and $95,000 and further consolidate the support range, the likelihood of challenging and breaking through the historical high of $108,000 will significantly increase. Once it breaks through, the next phase of upward potential is expected to open up, and it may even challenge $130,000 in the next cycle. ====================== 🔥Bitcoin has currently reclaimed multiple important technical indicators, such as the Short-Term Holder Realized Price (STH Realized Price), the 100-day, 200-day, and 365-day moving averages, all of which are viewed as a symbol of a strong market structure. ====================== However, the possibility of a pullback cannot be ruled out. If Bitcoin fails to hold the current support, or if the global market environment suddenly turns bearish, its price may drop back to the $80,000 range. At that time, the market will face an important "retesting" phase, and if it cannot quickly reclaim key levels, it may trigger deeper downward risks.
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🔥Bitcoin's next step: Aiming for $100,000 and higher targets? + 19 lectures on Chan Theory diagram teaching👇
======================
Currently, $100,000 is a significant target for the recent price of Bitcoin, but what is truly worth paying attention to is: does Bitcoin have the ability to break through this important psychological barrier and enter a new historical high?
======================
From a technical perspective, Bitcoin is currently at a critical turning point. If it can maintain a stable position between $90,000 and $95,000 and further consolidate the support range, the likelihood of challenging and breaking through the historical high of $108,000 will significantly increase. Once it breaks through, the next phase of upward potential is expected to open up, and it may even challenge $130,000 in the next cycle.
======================
🔥Bitcoin has currently reclaimed multiple important technical indicators, such as the Short-Term Holder Realized Price (STH Realized Price), the 100-day, 200-day, and 365-day moving averages, all of which are viewed as a symbol of a strong market structure.
======================
However, the possibility of a pullback cannot be ruled out. If Bitcoin fails to hold the current support, or if the global market environment suddenly turns bearish, its price may drop back to the $80,000 range. At that time, the market will face an important "retesting" phase, and if it cannot quickly reclaim key levels, it may trigger deeper downward risks.
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