#BTC breaks through $103,000#
Hot Topic Overview
Overview
Bitcoin prices have been steadily rising recently, breaking through the $103,000 mark and registering a 4.11% increase in the past 24 hours. Analysts believe that BTC breaking through the $102,000 box top will trigger a final push towards new highs. The inauguration of President Trump is a potential catalyst that could help BTC break the deadlock and create new highs. However, some analysts point out that if BTC fails to break through the previous high of $102,500, it may fall back. The market is currently watching whether BTC can create new highs before Trump's inauguration.
Ace Hot Topic Analysis
Analysis
BTC recently broke through $103,000, sparking heated discussions in the market. Analysts generally believe that breaking through the key resistance level of $102,000 is a crucial step for BTC to launch its final attack on new highs, and the inauguration of Trump is the biggest catalyst to trigger the speed to break the deadlock. Currently, BTC has broken through the previous high of $102,500, confirming a new uptrend. Next, we need to focus on the annual high below $103K. Breaking through this point will create a new higher high and pave the way for reaching a new all-time high. The market is generally expecting whether BTC can create a new high before Trump's inauguration and is closely watching the trend of BTC.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
BTC broke through $103,000, meaning it broke through the top of the box, which could trigger a final push to a new high.
Breaking through the previous high of $102,500 would confirm a new uptrend, otherwise it could fall back.
Trump's inauguration could be the key catalyst to trigger BTC's breakout.
Breaking through the annual high of $103,000 would create a new higher high and pave the way for reaching a new all-time high again.