Bionic USD Price & Performance (BNCUSD)

Bitcoin's price has surged past $104,000, holding gains after breaking out of a consolidation phase. Analysts suggest that the next key battleground is $106,000, with some cautioning that thin weekend liquidity could lead to volatility. Traders are closely monitoring whether Bitcoin can sustain this uptrend into the weekly close.123

Bitcoin recently climbed above $104,000, but on-chain data reveals subdued investor activity. Open interest in derivatives markets has not kept pace with the price rise, and large holders appear to be reducing positions. This divergence signals potential for a short-term correction even as macroeconomic factors support Bitcoin's broader uptrend.45

Bitcoin’s current price stands at $104,630, reflecting a 1.6% increase from yesterday and an impressive 72% gain over the past year. The cryptocurrency continues to show strong momentum, with analysts highlighting $98,000 as a key support level and $106,000 as the next resistance to watch.678