BTC Surpasses 104,000 USD: Strong Momentum Continues
On June 24, the cryptocurrency market recorded a notable breakthrough as Bitcoin (BTC) crossed the 104,000 USD threshold, trading at 104,019.00 USD. The daily growth reached 2.55%, demonstrating strong momentum and optimistic sentiment from global investors.
Bitcoin Price Trend Analysis
The surge above 104,000 USD is not just a price milestone but also marks a sustainable recovery in BTC's price growth cycle. Increasing buying pressure on exchanges, along with abundant liquidation, drives the price movement beyond strong resistance levels. This is also a clear signal of new capital continuously flowing into the market.
Impact from On-Chain and External Factors
On-chain indicators show continuous increase in large wallet activities, demonstrating accumulation and preparation for subsequent price increases. Additionally, more stable global macroeconomic factors help reduce uncertainty, supporting positive investment sentiment. Professional traders are leveraging these opportunities to rebalance portfolios and exploit high profits from BTC.
Bitcoin Investment Strategy Future Outlook
With this new advancement, Bitcoin is affirming its position as the leading cryptocurrency and consolidating its role as a digital safe-haven asset. Investment at the current stage is suitable for strategies with strict risk management, utilizing derivative tools to protect capital. Simultaneously, closely monitoring technical signals and market news will help investors capture optimal buying and selling moments.
Closely tracking the 104,000 USD price level will be crucial for market participants to predict BTC's next trend. Understanding market trends and applying in-depth knowledge will create leverage for sustainable profits from the current leading digital asset.
