The #Bitcoin has reached a critical point that has investors and analysts alike on edge due to the price stagnating yesterday around US$109,000. This situation in the price echoes the turbulent 2021, a year marked by sharp declines and volatility in the cryptocurrency market.

While some experts fear reliving similar episodes, others see in this phase a healthy consolidation that could catapult Bitcoin to new all-time highs. This polarized scenario invites a deep analysis of the forces keeping the price in this range, as well as the perspectives outlined by the different market players.