Bitcoin recently crossed 99,000, reaching its highest level since March 2025, amid strong bullish momentum and positive market sentiment. This increase followed a brief squeeze above 97,000 and is supported by increased accumulation from large investors and institutions. Bitcoin's realized capitalization reached a record 890 billion, reflecting strong conviction among both long-term and short-term investors.
Market optimism is driven by positive events such as upcoming trade talks between the USA and China and the stability of interest rates at the Federal Reserve. The price of Bitcoin is approaching a critical resistance zone between 99,700 and 100,000, which, if decisively breached, could open the way to targets above 103,000 and 109,000. However, if support around 97,700 is not maintained, it could lead to a pullback towards 96,000 or lower.
Overall, Bitcoin shows strong upward momentum with institutional inflows and technical indicators set in a positive direction, making the short-term outlook cautiously optimistic as it approaches the milestone of 100,000.