Recently, the Bitcoin market has experienced significant price fluctuations, seemingly driven by external news stimuli. However, despite the brief surge, Bitcoin has not yet broken its historical high. Market analysts generally believe that this rise may only be a temporary phenomenon, and prices will eventually fall back to previous levels.
From a technical perspective, the four-hour chart shows that Bitcoin encountered resistance and pulled back below $112,000. Although there has been a certain degree of upward movement, the price remains below the moving averages, indicating a lack of upwar
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