Analysis: Bitcoin is approaching a key two-year "bull-bear dividing line" range; whether it breaks through or not may determine its future direction.

According to ME News, on March 5th (UTC+8), CoinDesk analysis indicates that Bitcoin rose approximately 10% this week to above $72,000, briefly breaking through $73,900, and is approaching a key price range of approximately $73,750 to $74,400—a range that has seen significant turning points multiple times over the past two years. This range previously suppressed the upward trend in the first quarter of 2024 and also marked the end of the downtrend in April 2025. A decisive breakout of this range would signal new bullish momentum; failure to do so could confirm that the overall downtrend that began last October continues. Traders should closely monitor price movements in the coming days. (Source: ME)