The article suggests that Bitcoin's price is on the verge of breaking out from the $100K resistance level and potentially reaching a new all-time high. The daily chart indicates that the asset has been consistently making higher highs and lows and has broken above several resistance levels. The RSI also shows bullish momentum. The 4-hour chart shows that the market is climbing inside a large ascending channel and is likely to move towards the higher trendline and potentially reach the $105K level in the short term. The article also highlights the importance of analyzing the behavior of American investors, who are mostly responsible for market moves. The Bitcoin Coinbase Premium Index, which measures the buying and selling pressure on Coinbase compared to Binance, has shown positive values over the last few months, indicating buying pressure from the US. As long as this metric remains positive, Bitcoin could expect further upside.



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