BTC station back to $100,000 mark! Analyst: If it is a fakeout, the pullback range may be between 13% and 24%.

Katie Stockton, founder and technical analyst of Fairlead Strategies, noted in a research note this week that BTC has not yet gained a foothold at the $100,000 mark after BTC first broke the level, so it cannot be said that BTC has confirmed a breakthrough of this historic level. (Synopsis: BTC drops slightly but flash crashes, is Bull Market still there?) (Background supplement: Bitwise's top 10 predictions for 2025: BTC.ETH.SOL hit new highs, doubled BTC holdings, 5 encryption unicorn IPOs) BTC hit the $100,000 mark yesterday after a pullback earlier this week. Earlier, BTC retreated after briefly breaking through last week's high of $110,800 at 6 a.m., writing at $100,644, up 4.6% in the past 24 hours. If it succeeds in breaking through again after the shock, it will hopefully challenge the all-time high of $104,000. Analyst: BTC's historic breakthrough has not yet been confirmed Although BTC is now again at the $100,000 mark, Katie Stockton, founder and technical analyst of Fairlead Strategies, warned investors in a research note earlier this week that after BTC first broke the $100,000 mark, a pullback appeared before it gained a foothold at the water level. Therefore, it cannot be said that BTC has confirmed that it has broken through this historic barrier. Conversely, BTC's "fakeout" may also trigger a weak performance of the encryption currency market in the short term: the short-term upward momentum is slightly weaker, and there are also signs of headwinds during the day, and BTC may need some time to consolidate before resuming the rise trend. Where is the key BTC support? Meanwhile, Katie Stockton added that what investors should be following at the moment are two key BTC support levels, the 20-day moving average ($97,233) and the 50-day moving average ($85,342) as of Tuesday morning. If BTC falls below the first support level, the coin price may continue to test 13%; If the second support level also fails, it could fall to around $73,800, at which point the decline will reach 24%. Although this forecast pullback is huge, Katie said that there is a high probability that lower support levels will not occur in the short term, and she is still bullish on BTC: Our medium-term indicators show that it is still upward, serious pullbacks may not occur, and any possible price correction will be short-lived. As the market moves into 2025, BTC is still likely to continue to move higher. Related reports Bridgewater Fund Dalio: I will "invest in BTC and gold" away from bonds, in response to the risk of sharp currency depreciation Trump hopes that BTC can "break through $150,000" early in his presidency: The recent rise is thanks to me Goldman Sachs: If the US regulation changes, BTC and Ethereum transactions will be considered (BTC stands back to the $100,000 mark! Analyst: If it is fakeout, the pullback range may be 13~24%" This article was first published in the moving area BlockTempo "moving area dynamic trend - the most influential Block chain news media".