Bitcoin ($BTC) is currently positioned above a crucial three and a half year trendline, which has been significant in marking the peaks of the 2021 bull market. This trendline serves as a pivotal point for assessing Bitcoin's potential price movements.
With the cryptocurrency consolidating above this important trendline, analysts anticipate that a final surge could push Bitcoin's price towards the much-anticipated milestone of $100,000. Such a movement would signify a major shift in the market dynamics and investor sentiment surrounding Bitcoin.
