#BTC

BTC Market Analysis:

Bitcoin is so strong, even with insufficient liquidity on Saturday it continued to rise, truly deserving to be BTC! There was a slight adjustment in the short term, and it has started to push higher again, with the current price impacting above 104,000 USD!

In terms of trends: Looking at the daily chart, this wave of rise has been very rapid, directly increasing from the lowest point around 74,500 to the current 104,000 USD in just a month, an increase of nearly 30,000 points!

After breaking through the Fibonacci retracement line near 102,000, there are only historical high positions left above, with a short-term focus on the vicinity of 106,200, which is the effective high point on the daily chart worth noting!