Recently, Bitcoin has been fluctuating at a high level. Whenever the price drops to a small support level, it is always pulled back. At this moment, its price has once again approached a new short-term high.
From the analysis of various indicators, the probability of Bitcoin breaking through the current price level is relatively high. If it can successfully break through and stabilize, then a new round of upward trend for Bitcoin will begin.
Of course, if it falls below the hundred thousand price level again, it is estimated that it will be difficult to hold on. However, in my personal opinion, the probability of Bitcoin breaking through is still somewhat higher.