Bitcoin is currently following an upward trend line and remains strong in the short term. My view is that before the 200-day moving average adjusts downward to around $100,000, BTC is likely to continue trading above this cloud support. Only then will the market face a real dilemma—either the trend reverses and continues bullish or it experiences a strong pullback to retest previous levels. Historically, prices usually need multiple retests of the 200-day moving average to confirm the true trend, and this time should be no exception. The performance within this range will be crucial.
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EyeOfTheTokenStorm
· 7m ago
If you can't break through the 100,000 barrier, you'll have to retest. The historical data is right there.
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NeverVoteOnDAO
· 5h ago
Will the 100,000 level bounce back directly? I feel like it's not that simple.
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AmateurDAOWatcher
· 5h ago
If you had invested 100,000 yuan back then, you would have truly regretted not bottoming out. Now, you can only wait for the retracement.
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NotSatoshi
· 5h ago
That $100,000 barrier must be guarded well, or it'll just be another round of shakeout show.
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NeverPresent
· 5h ago
Is the 200-day moving average really that sacred? It feels like it's always being hyped up here.
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SleepTrader
· 5h ago
The 100,000 yuan level is really a test of resilience. Only when it's broken will you know the true strength.
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failed_dev_successful_ape
· 6h ago
Is the 100,000 threshold really that tricky? It feels like we're constantly pulling back and forth at this point.
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CryptoSourGrape
· 6h ago
If only I had known earlier that 100,000 is a critical level, it would have been better. It's too late to say these things now...
Bitcoin is currently following an upward trend line and remains strong in the short term. My view is that before the 200-day moving average adjusts downward to around $100,000, BTC is likely to continue trading above this cloud support. Only then will the market face a real dilemma—either the trend reverses and continues bullish or it experiences a strong pullback to retest previous levels. Historically, prices usually need multiple retests of the 200-day moving average to confirm the true trend, and this time should be no exception. The performance within this range will be crucial.