#Bitcoin is at a key price level 🚨 The price is currently fluctuating around the Bollinger Band middle line. Historically, when the price breaks through the Bollinger Band middle line, Bitcoin typically enters a strong upward phase. In this cycle, the price returned to the Bollinger Band middle line around October 2023, at approximately $26,000, and then surged to $126,000. Currently, the price is testing the Bollinger Band middle line for the first time in this cycle, which is a key support level. If the price breaks below the middle line, it could trigger a significant pullback and signal the arrival of a bear market; conversely, if it successfully holds above the middle line, it could lead to a strong upward trend.