Bitcoin analysts are split on the cryptocurrency's next move.

BTC is currently trading around $89,000, with mixed sentiment as the week begins.

Some foresee a bullish breakout towards $100,000, while others anticipate a correction to the $70,000 demand zone.

📈 Bullish Outlook: Breakout Imminent?

BTC has been trading sideways for about eight days, within a narrow $5,000 range.

Historically, periods of consolidation like this often precede significant price movements.

Bullish proponents believe a breakout to new all-time highs is on the horizon, potentially in the coming days.

This could see Bitcoin reach six-figure territory.