Is Bitcoin's New ATH Just the Start? Bitcoin price rose beyond $100,000 again. BTC reached a record high over $106,400 after rising roughly 5%. Bitcoin rose past $100,000 again. The price is over $102,000 and the 100-hour SMA. The hourly BTC/USD chart shows a bullish trend line with support at $103,400. If it holds over $102,500, the pair may rise again. Bitcoin prices rise Once again, Bitcoin price established a foundation and surged past $100,000. Prices rose over $102,200 and $103,500. Price topped $104,000. The price is consolidating gains after hitting a record $106,487. It is progressively falling below the 23.6% Fib retracement line of the current wave from $99,250 swing low to $106,487 high. Bitcoin has crossed $102,000 and the 100-hourly Simple moving average. On the hourly BTC/USD chart, a positive trend line connects to $103,400 support. The trend line is at the 50% Fib retracement level of the current wave from $99,250 swing low to $106,487 high. Price may find resistance at $105,500 on the upside. First major resistance is around $106,500. A decisive break over $106,500 barrier might boost prices. The next hurdle may be $108,000. A closing above $108,000 barrier might boost prices. If the price rises, it may challenge $110,000 resistance. More advances might push the price beyond $112,000. Another BTC Drop? Bitcoin may fall if it fails to break $105,500. The trend line or $103,500 provide immediate downside support. The first substantial support is about $102,000. The next support is at $100,250. More losses might push the price toward $98,000. The technical indications The MACD is rising in the positive zone. Relative Strength Index hourly BTC/USD RSI is over 50. Major Support Levels: $103,500, $102,000. Major Resistance Levels: $105,500, $106,500. #BTC #BTCNewATH #MicroStrategyJoinsNasdaq100 #BitcoinKeyZone $BTC $ETH $BNB