With the closing of Bitcoin ( BTC ) monthly, quarterly, and semi-annual lines, investors are closely following the market trends for the second half of the year. From a monthly perspective, BTC has shown an upward trend after pulling back to the 74 area to gain liquidity, reaching a new high. The price is still hovering at a high level, and if it can break through and hold above the 1095 level, it is expected to continue creating new highs.

However, the more ideal situation is for BTC to first pull back to around 95, and then continue to rise. While some analysts may expect the price to rebound after breaking below the monthly support near 60, the likelihood of this happening is relatively low.

From the perspective of the quarterly line analysis, the K-line of the second quarter completely engulfs that of the first quarter, which often indicates that there is still room for a pump in the future market. If a pullback occurs, the position of 938 will be a support point worth following.

In terms of the six-month line, BTC's performance is similar to that of the S&P 500 index (SPX), both showing a strong upward momentum. This significant rise in the bull market requires investors to maintain firm confidence.

Overall, technical analysis across multiple time frames indicates that Bitcoin still has the potential to continue its rise after experiencing a possible pullback. However, investors should remain cautious, closely follow market changes, and manage risks effectively.