On January 22, according to Cointelegraph, Keith Alan, co-founder of the trading platform Material Indicators, said that the price of Bitcoin is approaching a record high. Due to the removal of the buy order liquidity supporting the price of Bitcoin, Bitcoin may fall back to 100,000 in the short term. USD, currently, Bitcoin is consolidating in the range of $101,000-106,000. Analyst Rekt Capital pointed out that if Bitcoin's daily closing price breaks through the $106,000 resistance level and successfully backtests, it may push the price to a record high.