$BTC Bitcoin ($BTC) has experienced a remarkable rise, breaking the $104,000 barrier for the first time in months. This surge was driven by strong institutional inflows, with Bitcoin exchange-traded funds recording net inflows exceeding $142 million within just 24 hours.

Among the key news that supported the rise: the announcement of a trade agreement between the United States and the United Kingdom, along with signs of a possible easing of trade tensions between the U.S. and China. These developments have contributed to boosting investors' risk appetite, prompting many to return to digital assets.

However, caution is warranted, as technical indicators like the RSI have pointed to an overbought zone, which could lead to short-term corrections.

Will #BTC continue its ascent towards $120,000? The coming days will reveal much.