Bitcoin firmly holds at 100K! If this range holds, the next surge may be just around the corner!
Currently, Bitcoin is stabilizing above the key range of 100K-107K, which is not just any support level—this is a position where institutions made significant purchases in the first quarter, regarded as the 'lifeblood of the bull market'.
Despite the recent turbulence causing some to feel uneasy, Bitcoin's performance has been relatively strong:
- It hasn't broken through the key range
- It remains within a structurally ascending channel
- On-chain data still shows that large funds are continuing to accumulate
In a nutshell—if it doesn't break, it won't establish, but if it holds even stronger, it will be even more powerful!
If this range holds, there will still be opportunities for more gains. If this adjustment can be sustained, the next step could be another challenge to previous highs or even beyond.