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🌹Bitcoin's next step: Aiming for $100,000 and beyond? + Chaotic Theory Diagram Tutorial 19 Lectures👇
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Currently, $100,000 is a major recent target for Bitcoin prices, but what really deserves attention is whether Bitcoin has the ability to break through this important psychological barrier and move into new historical highs?
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From a technical perspective, Bitcoin is currently at a critical turning point. If it can consistently hold steady between $90,000 and $95,000 and further consolidate the support range, the possibility of challenging and breaking through the historical high of $108,000 will significantly increase. Once it breaks through, the next phase of upward space is expected to open up, and it may even hit $130,000 in the next cycle.
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🌹Bitcoin has currently regained several 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 seen as symbols of a strong market structure.
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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 fall back to the $80,000 range. At that time, the market will face an important "retracement test"; if it cannot quickly reclaim the key level, it may trigger deeper downward risks.
#alpaca# #wld# #sui# #eth# #btc#