Will Bitcoin Break the $104,000 Barrier? Or Is It a Trap?

Many factors indicate the possibility of a bullish breakout:

Despite the optimism, there are some indicators that could push Bitcoin to retreat:

* Low trading volume: As mentioned, analysts indicate that the low trading volume in recent days could lead to extreme volatility. With less liquidity, relatively large buy or sell orders can have a greater impact on the price, which could push Bitcoin to retreat toward the support level at $98,000.