#Bitcoin breaks $104,000#

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Overview

Bitcoin prices continue to rise, breaking through $104,000, with a 24-hour gain of 6.09%. Earlier, Bitcoin had broken through the $102,000 and $103,000 levels and is now heading towards a new high. Analysts believe that Trump's inauguration could be the key catalyst that triggered Bitcoin's breakthrough.

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Analysis

Bitcoin has continued to rise recently, breaking through $104,000, with a 24-hour gain of 6.09%. Analysts believe that Bitcoin breaking through the $102,000 box top will trigger the final push towards a new high, and Trump's inauguration may be the biggest catalyst to help break the deadlock. After Bitcoin breaks through $103,000, it will create a new higher high and pave the way for reaching an all-time high again. Currently, Bitcoin has broken through $104,000, and the next target will be $105,000.

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Classic Views

Bitcoin breaks through $104,000, setting a new all-time high.

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Trump's inauguration could be the catalyst for Bitcoin's new high.

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Bitcoin needs to break through the previous high of $102,500 to confirm a new uptrend.

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After breaking through $103,000, the next target for Bitcoin is the year's high of $103K.

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