Bitcoin daily chart looks quite interesting. Recently, the K-line has been oscillating upward, breaking through and stabilizing above the medium-term moving average. The MACD indicator is also diverging and rising in sync, crossing above the zero line again. This signals that the trend is strengthening. The next key level to watch is around MA120—which is also the 100,000 mark. To be honest, this price level is the watershed for the market. Whether a reversal can be initiated depends on whether it can break through and hold above 100,000.