#BTCBreaks99K | Market Analysis – May 8, 2025
Bitcoin has officially broken above $99,000, surging through psychological resistance with strong momentum. Here's what’s driving the move:
Key Drivers:
ETF inflows hit record highs this week
Global liquidity easing, with central banks signaling rate cuts
Stablecoin adoption booming (hello, #StripeStablecoinAccounts)
Technical Outlook:
Clean breakout from the $94.5K–$98K consolidation range
RSI entering overbought, but volume confirms trend strength
Immediate resistance: $100K (psychological + options open interest)
Key support: $96K–$97.2K
Macro View:
Bitcoin is behaving more like digital gold than ever—hedge funds and institutions are in.
Eyes on:
BTC options expiry this Friday
Next CPI data
Potential $BTC ETF expansion in Asia
Welcome to the final stretch before six figures.
#Bitcoin #CryptoMarket #BTCAnalysis #CryptoNews #BullRun2025 #BTC100K