Bitcoin Price Analysis: Can the Bulls Break the $100,000 Mark? Brothers, the recent price movement of Bitcoin has been incredibly dramatic! On December 31, the bulls attempted to push the price back above the moving average, but the long upper shadow of the candle indicates that each time the price bounces back, it is fiercely knocked down by the bears, resulting in significant selling pressure. As a result, Bitcoin returned to a critical support area, providing new entry opportunities for waiting buyers.

The key moment for the bull counterattack appeared on January 3, when the bulls successfully broke through the 20-day moving average. This signal is extremely crucial as it means the bears are gradually losing control, and the bulls are starting to gain the upper hand. The next target is $100,000! Once the bulls stabilize their position and pull the price firmly above $100,000, we can expect some exciting developments! $100,000 is a psychological barrier and the focal point of market attention; once broken, market sentiment will soar significantly.

$108,353 is a potential next stop after the breakout, and the bulls may attempt to retest this high point.

To summarize, where are the opportunities? Bitcoin is at a critical juncture. The next thing to watch is whether the support structure is stable; if the pullback does not break the support, we continue to look bullish; confirmation of a breakout, once $100,000 is breached, may herald a great opportunity. In a word, the bulls are making a comeback, brothers, stay alert!