#Bitcoin breaks through $104,000#
Hot Topic Overview
Overview
Bitcoin prices continued to rise, breaking through the $104,000 mark, with a 24-hour gain of 6.09%. Previously, Bitcoin had broken through $103,000, and briefly fell back to $102,000, before ultimately breaking through $104,000, stimulated by the inauguration of Trump. Analysts believe that Bitcoin needs to break through the previous high of $102,500 to confirm a new uptrend, otherwise, it may fall back.
Ace Hot Topic Analysis
Analysis
Bitcoin has surged past $104,000, hitting a new all-time high. The breakthrough is largely attributed to the trigger of the inauguration of President Trump, coupled with the market's continued bullish sentiment on digital currencies. Bitcoin has already surpassed the $103,000 annual high and is continuing to climb higher. Analysts believe that if Bitcoin can break through the previous high of $102,500, it will confirm a new upward trend. However, if it fails to break through, it may pull back to around $102,000. Currently, Bitcoin is up over 6% in the past 24 hours, with market sentiment running high. Investors should be wary of market volatility.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Bitcoin breaks $104,000, hitting a new all-time high, with a 24-hour gain of over 6%.
Trump's inauguration ceremony was a key factor in pushing Bitcoin to break through.
Bitcoin needs to break through the previous high of $102,500 to confirm a new upward trend.
If Bitcoin fails to break through $102,500, it may fall back to the previous price range.