WhenIsTheAutumnRain
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๐ŸŒนBitcoin's next step: Aiming for $100,000 and higher targets? + Teaching on Chan Theory graphic analysis in 23 lessons ๐Ÿ‘‡ + Recently, consecutive take profit on over 130 trades ๐ŸŽ‰


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Currently, $100,000 is the recent main target for Bitcoin prices, but what is really worth paying attention to is whether Bitcoin has the ability to break through this important psychological barrier and enter new historical highs?
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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 likelihood of challenging and breaking through the historical high of $108,000 will significantly increase. Once broken, the next phase of upward potential is expected to open up, and it may even challenge $130,000 in the next cycle.
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๐Ÿ”ฅBitcoin 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 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 "retest", and if it cannot quickly reclaim the key levels, it may trigger deeper downside risks.
#velaai# #moodeng# #pi# #eth# #btc#
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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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