PANews, October 6th news, encryption analyst CrediBULL Crypto stated that Bitcoin has broken through its previous high, entering a new stage of rising towards $150,000, but does not rule out the possibility of a pullback to the $108,000 to $118,000 range. If the price pulls back to this area, it should become the strongest demand zone, as most entities are trying to Close Position losses on short positions, or repurchase their positions under the condition that the market structure has broken upward.