BTC Surpasses 104,000 USD: Strong Momentum Continues
On June 24, the cryptocurrency market recorded a notable breakthrough as Bitcoin (BTC) surpassed the threshold of 104,000 USD, trading at 104,019.00 USD per coin. The daily growth reached 2.55%, demonstrating strong resilience and optimistic sentiment from global investors.
Bitcoin Price Trend Analysis
The increase above 104,000 USD is not only a milestone in terms of value but also marks a sustainable recovery in BTC's price growth cycle. Increased buying pressure on exchanges, along with abundant liquidity, drives price movement beyond strong resistance levels. This is also a clear signal indicating that new capital is continuously flowing into the market.
Impact from On-Chain and Peripheral Factors
On-chain indicators show that large wallet activity continues to rise, reflecting accumulation and preparation for the next upward cycles. In addition, a more stable global macroeconomic environment also helps alleviate uncertainty, supporting positive investment sentiment. Professional traders are seizing these opportunities to rebalance their portfolios, capitalizing on high profits from BTC.
Investment Strategy for Future Bitcoin Predictions
With this new milestone, Bitcoin is asserting its position as the leading cryptocurrency and reinforcing its role as a digital safe-haven asset. Investing at this stage is suitable for a strict risk management strategy, utilizing derivative tools to protect capital. Meanwhile, closely monitoring technical signals and market news will help investors capture optimal buying and selling moments.
Closely monitoring the price level of 104,000 USD will be a key point for market participants to predict the next trend of BTC. Assessing market trends and applying in-depth knowledge will leverage sustainable profits from the current leading digital asset.
Source: https://tintucbitcoin.com/btc-vuot-104-nghin-usd-tang-255/
Thank you for reading this article!
Please Like, Comment, and Follow TinTucBitcoin to stay updated with the latest news about the cryptocurrency market and not miss any important information!
