比特币接近主要测试，因为它跟踪黄金的路径

比特币再次处于决定性的时刻，交易幅度低于备受期待的100,000美元。经过数周的稳定增长和最近的97,000美元以上的推动力，公牛似乎很自信，但市场参与者仍然谨慎。

Bitcoin (BTC) is approaching a decisive moment as it flirts with the psychological $100,000 barrier, a key milestone that could confirm the start of a new macro uptrend.

比特币（BTC）与心理$ 100,000的障碍调情，这是一个决定性的时刻，这是一个重要的里程碑，可以确认新的宏观上升趋势的开始。

While bulls are optimistic following a week of strong bullish price action that saw Bitcoin reach $97,900—its highest level since the March sell-off—global macroeconomic tensions remain, with concerns over inflation, trade conflicts, and monetary tightening still weighing on investor sentiment.

尽管公牛在一周的强烈看涨价格行动之后，比特币达到了97,900美元，这是自3月份出售以来的最高水平，但公牛队仍然保持乐观，这是全球宏观经济的紧张局势，但担心通货膨胀，贸易冲突和金钱紧缩仍对投资者的情绪感到担忧。

Despite the uncertainty, optimism is growing among long-term holders and market participants who expect a breakout in the coming weeks.

尽管存在不确定性，但长期持有人和市场参与者的乐观情绪仍在增长，他们期望未来几周会突破。

Top analyst Ted Pillows shared an insightful comparison, suggesting that Bitcoin is currently mirroring gold’s recent price cycle: a deep accumulation phase followed by a breakout to all-time highs.

顶级分析师TED Pillows分享了一个有见地的比较，这表明比特币目前正在反映Gold最近的价格周期：深度积累阶段，然后突破到历史最高点。

According to Pillows, Bitcoin entered a re-accumulation phase after the March 2024 peak and successfully broke out of it in Q4 2024 — just as gold did before hitting record highs.

根据枕头的说法，比特币在2024年3月的峰值之后进入了一次重新淘汰阶段，并在2024年第四季度成功地爆发了，就像黄金在达到创纪录的高点之前所做的那样。

Now, BTC appears to be following the same trajectory, with investor confidence building as supply tightens and demand climbs. If the pattern continues, a sustained push above $100K could usher in a new leg of the bull cycle, drawing even more capital into the crypto market.

现在，BTC似乎正在遵循相同的轨迹，随着供应的收紧和需求攀升，投资者的信心会增加。如果这种模式继续下去，持续的推动力超过$ 10万美元，可能会引入牛周期的新领域，从而将更多的资本吸引到加密货币市场。

Bitcoin Approaches Major Test As It Tracks Gold’s Path

比特币接近主要测试，因为它跟踪黄金的路径

Bitcoin is once again at a decisive moment, trading just below the highly anticipated $100,000 mark.

比特币再次处于决定性的时刻，交易幅度低于备受期待的100,000美元。

After several weeks of steady gains and a recent push above $97,000, bulls appear confident—but market participants remain cautious. A successful breakout above $100K would not only mark a major psychological milestone, but also signal the start of a new bullish macro phase. However, ongoing macroeconomic tensions, including inflationary pressure, global trade instability, and lingering recession fears, continue to weigh heavily on the broader market.

经过数周的稳定增长和最近的97,000美元以上的努力，公牛似乎很自信，但市场参与者仍然谨慎。超过$ 10万美元的成功突破不仅标志着一个主要的心理里程碑，而且还标志着新的看涨宏观阶段的开始。但是，持续的宏观经济紧张局势，包括通货膨胀压力，全球贸易不稳定和衰退的恐惧，继续在更广阔的市场上重大压力。

Pillows shared a compelling outlook, noting that Bitcoin appears to be tracing the same path as gold’s recent rally. According to his analysis, BTC underwent a classic accumulation phase in early 2024, similar to gold’s behavior before it reached all-time highs. This was followed by a breakout and re-accumulation, culminating in another breakout during Q4 2024. Since then, Bitcoin entered a months-long consolidation phase, coiling within a defined range and building the necessary strength for its next leg up.

枕头分享了令人信服的前景，并指出比特币似乎正在追踪与Gold最近的集会相同的道路。根据他的分析，BTC在2024年初经历了经典的积累阶段，类似于黄金在达到历史高潮之前的行为。接下来是突破和重新淘汰的，最终在第4季度的第二季度突破。从那时起，比特币进入了一个长达数月的整合阶段，在定义的范围内盘绕，并为其下一条腿增添了必要的强度。

Pillows believes that the breakout has already begun and expects a new all-time high to be reached by Q2 2025. If this scenario plays out, Bitcoin would likely surpass the $100K resistance and potentially open the door to a fresh wave of capital inflows across the crypto market.

枕头认为突破已经开始，并预计到2025年第2季度将达到新的历史最高水平。如果这种情况发生，比特币可能会超过10万美元的阻力，并有可能为整个加密货币市场的新鲜资本流入浪潮打开大门。

BTC Price Consolidates Ahead Of Critical Test

BTC价格在批判性测试之前进行合并

Bitcoin is trading at $96,500 after several days of tight consolidation just below the $98,000 mark. The recent upward momentum has slowed, but bulls remain in control as BTC holds firmly above key short-term support levels.

经过几天的紧密合并，比特币的交易价格为96,500美元，低于98,000美元。最近的上升动力已经放缓，但由于BTC牢固地保持着关键的短期支持水平，公牛仍处于控制之中。

The $100,000 resistance remains the most important milestone on the horizon—reclaiming it would confirm a breakout and likely ignite the next leg of the bullish cycle. However, price action suggests that the market is waiting for a catalyst to break this range.

100,000美元的电阻仍然是地平线上最重要的里程碑 - 宣称这将确认突破，并可能点燃看涨周期的下一条。但是，价格行动表明，市场正在等待催化剂打破该范围。

A decisive move above $98K could set the tone for a push toward six figures, while continued rejection near this level might erode short-term momentum. If Bitcoin fails to hold the $95K support zone, it could trigger a correction into the low $90K region, where the next major support lies around the $88,500 level—home to the 200-day moving average.

超过$ 98K的决定性举动可以定下朝着六位数推动的基调，而在此水平附近的持续拒绝可能会侵蚀短期势头。如果比特币无法持有$ 95K的支持区，它可能会触发校正到$ 90K的区域，下一个主要支持位于88,500美元的水平左右，到达200天的移动平均水平。

Overall, the setup remains constructive, but bulls must prove strength soon. With macroeconomic uncertainty still looming and global liquidity conditions tightening, market participants are closely watching for signs of confirmation—or weakness—in Bitcoin’s current structure. Until then, the $95K-$100K range remains the battleground.

总体而言，设置仍然是建设性的，但是公牛必须很快就会证明力量。随着宏观经济不确定性仍在迫在眉睫，全球流动性条件紧缩，市场参与者正在密切关注比特币目前的结构中确认的迹象或弱点的迹象。在此之前，$ 95K- $ 10万美元的范围仍然是战场。