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🔥Bitcoin Next Step: Aiming for $100,000 and Higher Targets? + 20 Lectures on Chan Theory Diagram Explanation 👇
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Currently, $100,000 is the recent main target for Bitcoin prices, but what really deserves attention is whether Bitcoin has the ability to break through this important psychological barrier and enter a new historical high.
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From a technical perspective, Bitcoin is currently at a critical turning point. If it can maintain stability 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 challenge $130,000 in the next cycle.
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🔥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 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 maintain its 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 "retest", and if it cannot quickly recover key levels, it may trigger deeper downward risks.
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