#Bitcoin has closed the day above 104K. The 104K resistance level has been broken, but it's wise to stay cautious due to the risks of both a fake breakout and the potential for a Bloody Monday. For healthy progress, it would be ideal to see this resistance level hold for a few more days.
The 100K level is a psychological zone for #BTC , so be mindful of possible fake breakouts and traps.
I recommend revisiting my Bitcoin analysis where I set a 120K price target. If we see a few more daily closes above this 104K resistance, it’s likely that BTC could reach my 120K target. We'll revisit the price action during the live stream tonight. $BTC
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