Analysis: Bitcoin may fall below $100000 in the short term, and ETH/BTC needs to rebound to 0.03 to drive the recovery of the altcoin market

According to analyst FilbFilb, the current price trend of Bitcoin is extremely bullish, facing a crucial battle to break through the market value of $100000 and $2 trillion. He pointed out that Bitcoin has been rapidly rising recently, but it is showing a volatile trend in the area above $100000, and the market value needs to shift from resistance level to support level at $2 trillion. FilbFilb believes that Bitcoin may fall below $100000 in the short term, but the overall trend is favorable for bulls. In addition, he mentioned that ETH/BTC needs to rebound to the critical level of 0.03 to drive the recovery of the altcoin market. Looking ahead, the market generally expects Bitcoin to once again challenge its historical high of $110000 and may reach a target price range of $120000 to $150000 in June. FilbFilb concluded, "In the long run, the trend of Bitcoin is incredible, and although a short-term correction may occur, the overall trend is extremely optimistic