Bitcoin maintains a 'key point' of $105500, analysts say long-term outlook remains optimistic

On June 2nd, according to TheBlock, BTC Markets crypto analyst Rachael Lucas stated that "Bitcoin prices are at a psychological and technical 'critical point' that could determine the success or failure of a bull market. Indicators such as RSI and MACD indicate that the strong bullish momentum is at least temporarily beginning to weaken. However, the long-term outlook remains optimistic. We may be in the early stages of a new super cycle. The support level for Bitcoin is relatively stable at around $103000, with a more solid bottom support at around $97600. '' Lucas stated that there are two possible scenarios for Bitcoin in the coming days: "If Bitcoin can hold the range of $103000 to $105000, it is expected to launch another attack on $115000. On the other hand, if it falls below $103000, it may trigger a deeper correction, with a target price range of $93000 to $97000. The latter scenario should not be seen as the end of the overall upward trend, but as a signal that the market needs more time to prepare for further price growth. Bitcoin's connection with traditional financial markets is becoming increasingly close, and it is more sensitive to economic data, central bank comments, and geopolitical risks