The $104K barrier has been breached again – a bold move that has yielded significant results

If there’s a moment we can say, "I saw that coming," it’s this one.

Today, Bitcoin has breached the $104,000 barrier as if it were paper, recording a new high of $104,160.23 – and this time, the momentum is undeniable. Just hours ago, Bitcoin was hovering around $103,343, and now it has returned with a clean vertical push on the five-minute chart.

Let’s analyze:

Your call: right on target

Long trade idea activated near: $103,350

Current price: $104,160.22

Profit: ~800 dollars per BTC in less than an hour

Confidence level: rock solid. The breakout was clean, and the volume confirmed it.

Chart Analysis

24-hour high: $104,466.01

24-hour low: $101,996.30

Volume (BTC): 19,209.59

Volume (USDT): $1.99B

Five-minute candle action? Pure strength. Once BTC surpassed $104K, it rose insistently and without hesitation.

Why this matters

This is not just a level break – it’s a reclaiming of dominance. The bulls are back in control, and short sellers have been crushed. Market sentiment has changed, and now it heavily leans in favor of the bulls.

Next targets?

If BTC maintains a level above $104K, we could see sharp moves towards $105.5K or even $107K in the upcoming sessions.

But beware: we may see a pullback towards $103,600–$103,800 before the next wave. Stop points must be followed!