According to online reports, according to Cointelegraph, although Bitcoin prices are currently sideways above US$100,000, traders are optimistic about the future price trend of Bitcoin and predict that this round of bull market will hit a new high. Analyst Alan Tardigrade said Bitcoin is moving upwards in an "upward diffusion wedge" pattern and is expected to reach the $170,000 level. He also pointed out that the "golden cross" signal appearing on the daily chart (the 50-day simple moving average crosses the 200-day moving average) has pushed Bitcoin up 49%, 125% and 68% every time it appears since 2023. Based on this calculation, Bitcoin could reach US$152,000 to US$229,000. Another trader, Merlijn, identified a classic reversal pattern-"upside down", breaking through the target price to more than $140,000. Currently, only the neckline of $113,000 hinders its upward movement. However, there are also views who doubt the true support of the bull market. Saifedean Ammous, author of Bitcoin Standards, reminds corporate buyers that Bitcoin has experienced 70% and 80% declines in the past and could still happen again in the future.