The markets have shifted to a bullish stance as Bitcoin's price soared past the $100K mark. Even though there was a minor bearish influence, Bitcoin has managed to maintain its position above the critical range.
This ascent places Bitcoin within reach of a crucial level; surpassing it could reignite a fresh upswing towards its next all-time high (ATH).
However, on the other hand, failing to hold this range could see Bitcoin's price consolidate below these pivotal levels, potentially triggering a period of accumulation.