Bitcoin price is showing positive trends: According to weekly charts, Bitcoin is still in the early stages of a major bull market, with signals being confirmed about two months ago. Such signals can last for months, possibly until 2025.

Resistance and support levels of Bitcoin: Bitcoin will face strong resistance in the 100,000 to 102,000 USD range. The psychological barrier of 100,000 USD may create pressure, so traders are closely monitoring this level.

Trend similar to previous bull market phase: Currently, Bitcoin’s price is showing similarities to the price process at the end of 2020, when the market entered a bullish phase but also experienced temporary corrections.