# Bitcoin Rises Above $108,000: What’s the Next Step? 🚀

Bitcoin is on a continuous rise, having jumped over $2,000 in just 24 hours to reach $108,332! The 4-hour chart shows strong momentum, with prices steadily increasing from a low of $105,324 to break through the $108,000 barrier.

Key Points:

- PlanB expects Bitcoin to reach $130,000 by June 2025 if the Relative Strength Index re-tests the level of 75

- Trading volume increased by 23.77% to $45.48 billion, indicating a rise in investor activity

- Tether has just printed $1 billion of USDT, which immediately pushed Bitcoin above $106,500

The injection of new USDT indicates significant buying pressure building in the market. At the same time, some fiat currencies (like the Turkish lira) are said to be losing value against Bitcoin.

With this strong upward momentum and institutional money flow, the question is not whether Bitcoin will reach new heights, but at what speed! Watch the Relative Strength Index for potential breakout signals.