The $BTC is on the rise again, breaking the resistance of 99 thousand dollars and approaching the symbolic mark of 100K. This rally can be attributed to a combination of the recent halving, the entry of large institutional players, and a new wave of global adoption. Amid persistent inflation in various economies, Bitcoin is once again seen as a store of value, despite its volatility. The movement of derivatives and the increase in volume on exchanges also reinforce the bullish sentiment.
Is the breakout of 100 thousand close? Everything indicates that we are facing a new cycle of historic appreciation!