#BTCPrediction : Bitcoin Eyes $100K as Market Momentum Builds

Bitcoin (BTC) is trading around $98,949, showing a 2.57% increase over the past 24 hours. The cryptocurrency is approaching the significant $100,000 resistance level, a milestone that has traders and analysts closely monitoring market movements.

Recent institutional investments, including a major $2.5 billion BTC acquisition, have bolstered market confidence. Additionally, the Federal Reserve's decision to maintain interest rates has provided a favorable macroeconomic backdrop for Bitcoin's upward trajectory.

On-chain metrics indicate strong investor confidence, with Bitcoin’s realized capitalization reaching unprecedented levels. Analysts suggest that if BTC can sustain momentum above $95,000, a breakout past $100,000 could be imminent.

However, market participants remain cautious, watching for potential resistance and the impact of upcoming economic indicators. As Bitcoin hovers near this critical threshold, the next few trading sessions could be pivotal in determining its short-term direction.