$BTC

Bitcoin price analysis: Can the bulls break through the 100,000 mark?

Brothers, Bitcoin's recent price trend is really dramatic! Let's take a look at this wave of operations:

Bears are playing games, bulls are showing their swords

On December 31, the bulls tried to push the price back above the moving average, but the long upper shadow on the candlesticks showed a problem: every time the price rebounded slightly, it was smashed by the bears, and the selling pressure was great! As a result, Bitcoin returned to the key support area, giving the buyers who were waiting to see a new opportunity to enter the market.

The key point of the bulls' counterattack:

On January 3, the bulls finally showed their strength and broke through the 20-day moving average in one fell swoop. Brothers, this signal is very important! It shows that the bears are gradually losing control, and the bulls are gradually gaining the upper hand.

The next target: $100,000!

If the bulls can hold their ground and steadily pull the price above $100,000, then there will be a good show to watch!

$100,000: Psychological barrier, the focus of market attention. Once it breaks through, sentiment will rise sharply.

$108,353: The possible next stop after the breakthrough, bulls may try to retest this high point.

Summary: Where is the opportunity?

Brothers, Bitcoin is now at a critical node. The next focus is:

Is the support stable: If the callback does not break the support, continue to be bullish.

Breakthrough confirmation: After breaking through $100,000, perhaps a big opportunity will come.

In a word: Bulls are beginning to stage a comeback, brothers, keep an eye on it!