Bitcoin has indeed broken the $99,000 level, strengthening its status as digital gold. This surge is due to:
- Institutional investments: ETFs continue to attract capital, companies are buying up BTC.
- Macroeconomic factors: The weakening of fiat currencies and inflationary risks make Bitcoin attractive.
- Halving: The reduction in BTC supply supports the price at a high level.
Consolidation above $100,000 could enhance the influx of new investors and expand global recognition of BTC.
