Bitcoin's price has been playing limbo recently, but analysts believe it's done bending backwards. 🎪 According to Michael van de Poppe, BTC has likely hit its lowest point between $63,000 and $65,000. If the price holds above this level, we might see some upward momentum. "The reversal is on the horizon," he says. Fellow analyst Jelle agrees, saying BTC's local market structure is slowly shifting back to bullish. If the bulls lose the ongoing battle, they may retreat toward the 200-day EMA, which appears to be the last line of defense for BTC at $64,300. However, if the pattern continues, Bitcoin’s price could embark on a massive upward breakout toward its next key price level of $72,000 before potentially breaking its current all-time high price of $73,835, eventually making a run for $100,000, according to Jelle. So, buckle up, folks! The Bitcoin rollercoaster might be about to take off! 🎢