#BTCBreaks99K Bitcoin flirts with US$100,000 — and the market is in ecstasy

Hello, everyone! Bitcoin has just surpassed US$99,999 and is very close to the psychological barrier of US$100,000. That's right: BTC is being traded at US$99,999.264, with an increase of 2.57% on the day.

This rally is being driven by a combination of factors: 

• Heavy institutional buying: BlackRock, Metaplanet, and Strategy (formerly MicroStrategy) are buying BTC as if there were no tomorrow. 

• Fed holding interest rates: The Federal Reserve's decision to keep interest rates stable has brought relief to the market and boosted risk assets like Bitcoin. 

• Favorable technicals: BTC has broken consolidation patterns and is in an upward trend, with support at US$97,700 and resistance at US$100,000. 

The question remains: will Bitcoin break through US$100,000 today? With trading volume increasing and positive market sentiment, it's not impossible.