The plot that has oscillated for a week, the brewing emotions have only led to a breakthrough that is reasonable, Bitcoin broke through to around 97300 last night and is currently aiming for the hundred thousand dollar mark under pressure.

Technical indicators also suggest that Bitcoin may be preparing to break upwards again. Recently, Bitcoin's price has surpassed its 200-day moving average, while the relative strength index remains above 50, indicating that investor confidence is strengthening.

The market is looking for a triggering factor, such as positive economic data or easing inflation pressures, to help drive Bitcoin past the $100,000 threshold.

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