#BTCBreaks99K Bitcoin (BTC) has recently broken through significant price levels, sparking interest and optimism among investors. Here are the latest updates ¹ ²:

- *Current Price*: BTC is trading at $98,773, with a 2.45% increase in the last 24 hours, reaching a high of $99,419 and a low of $95,784.61.

- *Breakthrough*: BTC has broken above $98,000, with the next target expected to be $100,000. This breakthrough has been fueled by whales accumulating over 81,000 BTC in six weeks, indicating growing confidence in the market.

- *Market Sentiment*: The derivatives market reflects a bullish trend, with long positions valued at approximately $2.14 billion compared to $2 billion in short positions.

- *Resistance Levels*: Key resistance levels broken include $94,600 and $96,500. If BTC sustains above $97,000, it may aim for $98,800 or even $100,000.

- *Support Levels*: Support levels to watch include $96,650, $95,400, and $94,400. A drop below $90,000 could threaten the current structure and potentially confirm bearish momentum.

*Key Statistics:*

- *Market Cap*: $1.88 trillion

- *24-hour Trading Volume*: Not specified, but significant liquidations have occurred, with over $730 million in short positions wiped out when Bitcoin broke above $95,600.

*Expert Insights:*

- Analysts predict a potential breakout above $100,000, which could validate a full-scale continuation of the bull market.

- Some experts see the current rally as a relief bounce within a broader bear market structure, while others expect Bitcoin to break its previous all-time high at $109,000 ³.