Bitcoin currently faces resistance between $101,500 and $106,500. If it can break through this range, it may challenge the historical high of $109,225 set in January. However, if the price falls below $93,780, it could trigger a risk of a pullback to $80,000. Despite short-term volatility, in the long term, as global acceptance of Bitcoin increases and the policy environment improves, Bitcoin is expected to continue its upward trend.