🟡Following a sharp breakout from weeks of consolidation, Bitcoin confidently surpassed $100,000, reaching approximately $103,600. The upward momentum is supported by bullish technical indicators: the RSI remains below overbought levels, and the MACD shows strengthening momentum. On the 4-hour chart, a solid uptrend structure persists with support in the $96,000–$98,000 zone, which previously acted as resistance.
🟡However, local resistance is forming near the $104,000 level. The price has already failed twice to hold above the $103,900–$104,200 range, which could indicate the approach of a short-term consolidation phase. If Bitcoin breaks through this ceiling, the next targets will shift to $106,200 and $108,000. Otherwise, a pullback to $102,600 or even $100,000 is possible.