According to Coinmarketcap, the Bulls manage market conditions on the last day of the week.
BTC/USD
Bitcoin (BTC) prices rose 1.80% on the last day.
On the hourly chart, BTC rates are rising after breaking a local resistance of $104,094.
If the Bulls can retain the initiative they acquired and the daily candles close far from their mark, growth could last up to the $106,000 area.
In a larger time frame, we are testing the main crypto price level at $104,985. If a breakout occurs and the bar closes without a long wick, the accumulated energy may be sufficient to continuously move into the $107,000 zone.
From a medium-term perspective, traders should focus on weekly bar closures in terms of the $108,364 level. Unless there is a breakout, we may fix the $100,000 mark.
Bitcoin is trading at $104,830 at the time of press.
