$BTC After Bitcoin broke the $99,000 barrier, we are likely to witness several potential outcomes based on current analyses:
Reaching the $100,000 level: This level is of significant psychological importance, and breaking it could lead to a new wave of buying driven by the fear of missing out (FOMO) from individual and institutional investors.
Increased volatility: As we approach new record levels, volatility is expected to increase significantly. We may see sharp rises followed by price corrections.
New resistances: After $100,000, the next levels that analysts will be watching are potential resistance areas around $101,800 and $104,000.
Technical support: In the event of a correction, there is likely to be support at levels such as $95,000.