#TrumpTariffs Other key support levels have crystallized during Bitcoin's consolidation phase below its current record of $112,000. The main one is the $100,000 mark, now popularly seen as a psychological limit with implications for confidence if it is not maintained.

Alan now believes that its status will remain important in the long term, even during the next bear market.

"As I said in December, when Bitcoin started flirting with $100,000, it will be important to see a consolidation above $100,000 without wicks below to validate the R/S Flip," he commented, referring to the $100,000 turning from resistance to support.