#Bitcoin breaks $104,000#

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Overview

Bitcoin price continues to rise, breaking through $104,000, up 6.09% in the past 24 hours. Previously, Bitcoin had broken through the $103,000 mark and had briefly retreated to $102,000 before finally breaking through $104,000. Analysts point out that clearing the previous high of $102,500 would confirm a new uptrend, and Trump's inauguration could be a key factor driving Bitcoin to break through.

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Analysis

Bitcoin prices continue to rise, breaking through $104,000, with a 24-hour gain of 6.09%. Currently, Bitcoin has broken through the $103,000 mark and continues to move higher. Analysts point out that clearing the previous high of $102,500 would confirm a new upward trend and pave the way for another all-time high. However, if it fails to break through $102,500, Bitcoin may fall back. The inauguration of Trump was apparently the biggest catalyst that helped Bitcoin break through the deadlock.

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Bitcoin breaks through $104,000, up 6.09% in 24 hours, hitting a new all-time high.

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Trump's inauguration ceremony was the biggest catalyst that helped Bitcoin break through the deadlock.

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Bitcoin needs to clear the previous high of 102,500 to confirm a new uptrend.

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Bitcoin breaks through $103K, paving the way to reach a new all-time high again.

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