$BTC At 7:50 a.m. Eastern time on Friday, bitcoin’s price held steady at $103,191, pushing its market capitalization to $2.04 trillion with a 24-hour trading volume of $55.17 billion. The intraday price range spanned from $99,239.45 to a local high of $104,332, showcasing a bullish tone tempered by emerging signs of consolidation.

Bitcoin

The daily chart indicates a clear bullish breakout, with bitcoin (BTC) rising from approximately $95,000 to its current high. The volume spike during this movement confirms strong upward momentum. Resistance is established at $104,332, while support is observed around the prior consolidation zone of $95,000. Analysts suggest that a favorable entry might present itself on a retest near $97,000 to $98,500, especially if accompanied by bullish candlestick formations such as a hammer or doji with significant volume.