Bitcoin rebounds to $113,000...Michael Saylor: ”It will rise until the end of the year”

Bitcoin (BTC), which fell to the $111,000 range this week, has recovered to the $113,000 range again. However, analysts say further attention is needed to see if the rebound trend will continue.
As of 9:30 a.m. on the 25th, the price of Bitcoin in South Korea based on Bithumb was 160,636,000 won (approximately 17.05 million yen), up 0.4% from the same time the previous day.
At the same time, the overseas Bitcoin price based on CoinMarketCap was at $113,226 (approximately 16.83 million yen), up 0.82% from the same time the previous day.
Bitcoin has been pushed down to the $111,000 range this week, with large "long positions" liquidating in the futures market, triggering a sell-off.
However, due to the concentration of bottom-price buying, the price rebounded to the $113,900 range that day. However, some analysts say further attention is needed to see if the rebound trend will continue. Cointelegraph
"Bitcoin has established a foundation for hitting bottom and rising to $115,000," he said, but added that "stronger 'confirmation' is needed for the upward trend to continue."
Michael Saylor, founder of Strategies, told CNBC that "about 180 companies are buying up Bitcoin, and the amount is exceeding the amount being mined," and that "there has been recent technical resistance.
"Faced with this, Bitcoin will eventually overcome the crisis and continue its upward trend until the end of the year."