🚀 Bitcoin just broke through the $100K resistance level, and investors are gearing up for a higher rally! Is a new record just around the corner?
📈 **Technical Analysis**
- **Daily Chart**: Bitcoin continues to make higher highs and higher lows since rebounding from the $52K level. With the bullish momentum from the RSI, the price could soon break $120K!
- **4-Hour Chart**: The price is moving in a large ascending channel, heading towards $105K in the short term. If a breakout occurs, get ready for a more aggressive rally!
🔍 **On-Chain Analysis**
- **Coinbase Premium Index**: US investors, including institutions, are showing high buying pressure. As long as this index is positive, BTC could continue to rise!
Leave your thoughts in the comments! Are you ready for a trip to the moon? 🌕