BREAKING: Bitcoin Surges Past $104K in Brief Market Rally - But Bears Remain Lurking | Nov 06, 2025

Bitcoin defies gravity with stunning $104K breakthrough as crypto markets flash green across the board.

The Rebound Reality

Traders caught their breath as BTC smashed through psychological resistance levels, marking one of the most dramatic intraday moves of the quarter. The surge sent shockwaves through altcoin markets, with major tokens posting double-digit gains in sympathy.

Warning Signs Flash

Despite the explosive price action, market depth remains thin and institutional flows show hesitation. Volume patterns suggest this might be another classic crypto head-fake—the kind that separates retail dreams from institutional reality.

Technical analysts point to weakening momentum indicators even as prices climb, creating the perfect setup for what traditional finance types would call 'irrational exuberance'—but crypto natives know as Tuesday.

As one veteran trader quipped: 'Wall Street still thinks crypto volatility is a bug rather than a feature.' The question remains whether this rally has legs or if it's just another opportunity for bears to reload.