Bitcoin is trading confidently above the $100,000 mark, having recently marked a local high near $104,300. After months of choppy action and uncertainty, bulls are now firmly in control, reigniting momentum across the broader crypto market. As BTC retests key supply levels last seen near the previous all-time high, optimism is building that this breakout could be the beginning of a sustained move higher.
The entire market appears to be waking up, with altcoins following Bitcoin’s lead and liquidity flowing back into risk assets. Traders are watching closely to see if BTC can maintain this strength and convert $100K into solid support.
Top analyst Big Cheds shared a technical update highlighting the current 4-hour chart structure, noting that BTC is exhibiting a bullish consolidation. This
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