BTC, Repeated fluctuations in a narrow price range…Breakthrough attention

Bitcoin (BTC) is repeatedly fluctuating within the 101,500~104,000 dollar range, according to cryptocurrency data analysis firm SwissBlock.

SwissBlock analyzed that "Although BTC failed in two breakthrough attempts, the support level is being firmly maintained." They specifically noted that if there is no clear breakthrough by Friday (local time), which marks the coming weekend, there could be a delay in determining the direction.

Nevertheless, experts see a high likelihood of the next move appearing abruptly. The interpretation is that a strong directional shift may occur after accumulating energy within a narrow range.

Investors are advised to closely monitor short-term price volatility and potential breakthroughs.