We have seen an upward trend in Bitcoin since the beginning of this year, but whenever the market starts a bullish movement, some negative news spreads, investors do not find confidence in the market, which is why the market moves from ATH to a slightly downward position again. The positive side is that the market is also moving towards ATH. This year, we have seen the price of Bitcoin above 100k most of the time and its trend can be said to be still upward, so there is a high possibility of getting a new ATH at any time. Bitcoin rose above 110k again in the last 24 hours.It was not sustainable, but the market conditions are still in a good position. I will definitely have positive expectations for the next movement.
The market will still move up, even though it will move quite slowly. If we look at the last few weeks, even though Bitcoin is moving slowly, but we can now see Bitcoin approaching its ATH. Small drops often occur, but this month it looks like Bitcoin will reach a new point.
$110k is very likely to be reached again in a short time. But maybe after reaching $115, a drop could happen again.