#BitcoinHashRateSurge

Factors that could affect Bitcoin's price to reach $100,000 again include:

Technical Factors

- _Stiff supply wall_: Many investors have bought Bitcoin at a price range of $98,000-$100,000, creating strong resistance ¹.

- _Head-and-shoulders pattern_: This technical pattern could cause the price to drop to $78,000 if it does not close above $100,000 ¹.

Fundamental Factors

- _Bitcoin ETF Demand_: High demand for Bitcoin ETFs could drive the price up ².

- _Halving_: The halving event that occurs every four years could affect the price of Bitcoin ².