Bitcoin has risen sharply recently - we are now seeing prices around $73,700, which is quite impressive considering we reached this level earlier this year. That 15-month jump from much lower levels says a lot about the market dynamics.

But what I notice is that analysts are becoming more cautious. They warn that we might not be completely out of the woods yet, despite the strong price movement. There are still plenty of risks that could cause volatility.

The question is actually: will Bitcoin hold these levels or will we see corrections after all? The market currently feels a bit tense. Many traders are holding their breath.