The current trading price of Bitcoin is approximately $105,500, near a key support level, and market sentiment is cautious. Analysts point out that this level could be a watershed for short-term directional choice; if it breaks down, it may test the support around $103,000, while if it holds, it may challenge $115,000 again. On the other hand, although the market is highly volatile in the short term, analysts say the long-term outlook remains optimistic. BTC Markets cryptocurrency analyst Rachael Lucas has renewed her outlook, stating that since the long-term upward trend has not been broken, it is expected to possibly challenge the $115,000 level again, currently likely in the early stages of a new super cycle. #BTC