#BTC重返10万 family, the moment to witness history has arrived! Bitcoin makes a strong comeback, once again standing above the $100,000 mark! This is the first time since February of this year, which is truly exciting.
It is said that this is mainly due to the resurgence of investor demand for risk assets, and the U.S. stock market has also continued to rebound from its April lows, with market risk appetite significantly enhanced. Additionally, the governors of Arizona and New Hampshire in the United States have signed bills allowing for the establishment of state-level Bitcoin reserves, injecting a strong dose of confidence into the market.
However, Bitcoin prices have always been volatile. Technical analysts say it is now facing a key resistance range of $101,500 - $106,500; if it can close above $101,000, there is a chance to challenge the historical high of $109,225 from January. But if it falls below the short-term support level of $93,780, it may have to pull back again.
One can only say that the cryptocurrency world is ever-changing, and everyone should cherish the moment. What do you think of this wave of Bitcoin rise?