$BTC Analysts say that Bitcoin is approaching a critical point at $100,000, where there is a large concentration of short positions. If this level is surpassed, the cryptocurrency could experience a significant appreciation, as happened when Bitcoin jumped from $76,000 to $108,000 in December. “If there is a break above this level, the path could open for a new high towards $110,000. However, a technical pullback would not be unexpected