#BTCBreaks99K 📈 Bitcoin breaks $99,000!

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🚀 Why has BTC skyrocketed?

Several key factors contribute to the current rise:

• 📉 Fed's decision to hold interest rates: The Federal Reserve of the USA decided to keep interest rates at 4.25%–4.50%, which increased the attractiveness of risk assets, including cryptocurrencies. 

• 🏦 Institutional investments: Major players like Strategy (formerly MicroStrategy) continue to increase their positions in Bitcoin, boosting confidence in the asset. 

• 🌐 Geopolitical uncertainty: Expectations regarding trade agreements between the USA and China are driving interest in Bitcoin as a safe-haven asset. 

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🔄 Is a reversal possible?

Although the current trend remains bullish, analysts warn of a potential correction:

• 📊 Technical levels: Resistance is expected at $100,000, with support at $97,700 and $96,400. 

• 📉 Potential profit-taking: After significant growth, profit-taking by investors may lead to a short-term price decline.

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#CryptoAdoption BTCBreaks99K

🔥 Bullish momentum

🏦 Institutional interest

🚀 FOMO activated

🧠 Think with your head, not emotions