According to Trader Tardigrade, Bitcoin ($BTC) is exhibiting a strong bullish breakout, with the price trending above the established channel after a recent touch, signaling significant upward momentum and placing the $200,000 target within reach. This technical breakout is crucial for traders, as it confirms sustained buying pressure and may trigger increased trading volumes and volatility in the crypto market. Source: Trader Tardigrade on Twitter (June 4, 2025).