Bitcoin is about to break through the $100,000 mark! Bulls control the upward trend, and a new historical high is just around the corner!

The price of Bitcoin continues to rise, with strong momentum, seemingly just entering the upward phase and preparing to set new highs! Ahead of the Federal Reserve's upcoming interest rate decision, BTC price climbs again. Although the market is temporarily paused, the real volatility will be triggered by Powell's speech.

The Federal Reserve is expected to keep interest rates unchanged, but its tone could have a significant impact, heating up the BTC market and showing good upward momentum. Nevertheless, BTC may still experience a pullback after reaching a local peak before the FOMC meeting, with a target price of $95,000.

The weekly chart shows that BTC maintains an incremental upward trend, with technical indicators turning bullish, and a bullish crossover is about to occur in the bull market support zone, with expectations to break through the resistance level of $99,800, and it might even surpass the $100,000 mark!

In addition, gold prices have risen to $3,400, and the correlation between Bitcoin and gold has decoupled, potentially catching up. Breaking through $100,000 is just around the corner, and Bitcoin's strong performance is highly anticipated!