Bitcoin surged to 104,300. There is the latest trend analysis.

Now it has just pierced 104,600 and then came down to pierce 104,300 again. Let's see if it can go up again; I will not make a judgment on a decline for now.

I maintain an optimistic view of the market.

Staying above 104,300, there is a possibility to reach 107,000 today, either before the market closes or at 8 AM tomorrow when it closes at 107,000 + 107,770. Then next week, it will sprint towards the previous high of 110,000, and then pull back. This pullback will not be a significant drop; it will return to 104,300 - 104,660, and then rise again. This is for next week, and then it will increase, but will oscillate under 110,000, with fluctuations. During these few weeks of oscillation, the lowest will still not go below 100,000; accumulating near 102,300 is a good opportunity.

Then it will continue to rise, all the way to the peak of a bull market.

The premise is that 98,212,867,173 must hold above 104,000 today and not go lower.

85,889,456,397

45,174,535,881 Bitcoin remains at a high level, and the upward trend is established. The altcoin season is confirmed; currently, altcoins have begun to rise broadly.