#BitcoinHashRateSurge Both moving averages have aligned, and the relative strength index (RSI) is slightly above the midpoint, indicating possible consolidation in the short term. Bitcoin may fluctuate between $100,000 and $90,000 for some time.

If investors push the price above $100,000, Bitcoin is expected to retest its historical high of $108,353. Alternatively, a breakout and close below $90,000 will open the way for a drop to support at $85,000.