In the ever-changing Bitcoin market, any slight fluctuation can closely affect the hearts of countless traders. Just recently, the market finally flashed an exciting dawn - on Monday's daily chart, Bitcoin successfully broke through the 200-day exponential moving average, the bull market support band and the shackles of the long-term descending channel. There is no doubt that this sends a positive and strong signal.

Since Bitcoin hit a low of nearly $30,000 in October 2023, the market seems to have been looking for an opportunity for rebirth. Now, with the advent of this major breakthrough, the broader upward trend seems to have quietly regained control. This not only gives traders hope for a market recovery, but also inspires their endless anticipation that Bitcoin prices will break through the historical high of $73,000 in the future.

However, the complexity of the market is far from what we can easily guess. Although the breakthrough on the daily chart creates the possibility of a price rebound to a new high, traders still need to remain vigilant while being optimistic. After all, every fluctuation in the market hides countless variables and challenges.