Bitcoin’s price surged past the $104,000 mark on Tuesday, rising 1.00% to reach a current value of $104,200. The surge is fueled by increased trading volume and reflects broader market sentiment. Notably, the asset briefly surpassed $104,000 before settling at its current level. Market analysts anticipate further price growth if Bitcoin breaks above $105,000, which could potentially push it to $107,500 or even $110,000. 63.84 is the RSI reading currently indicating a rally might be cooling off near overbought conditions. Support at $102,000 has been key for this price action, and if Bitcoin breaks through that level, it could decline to the $100,000 psychological threshold or even lower.