Bitcoin's price has started an increase above the $104,000 zone, hinting at a potential new all-time high. Currently trading above $105,000, BTC is in a phase of consolidation. If it holds above $103,500, further gains are expected.
BTC saw a rise above the $102,500 resistance, achieving levels over $105,000. An upward break from a bearish trend line indicates possible upward movement.
Resistance is at $107,000, with a successful break potentially pushing prices towards $110,000 or higher. If BTC fails to maintain upward movement, it could see corrections toward $100,500.
