#BTCBreaks99K

Bitcoin (BTC) is trading around $99,611, up 3% in the last 24 hours and 4% over the past week, with a market cap of $1.98 trillion. The bullish trend continues, driven by strong institutional adoption and optimism around U.S. regulatory shifts under a crypto-friendly administration. Technical indicators show BTC holding above key support levels near $90,000, with momentum indicators like RSI at 58, signaling neutral but stable conditions. Posts on X reflect bullish sentiment, with some predicting a push toward $109,000, though short-term consolidation between $90,000-$92,000 is possible. However, risks like profit-taking or macroeconomic shifts could trigger volatility. On-chain data indicates increased exchange outflows, suggesting investor confidence in holding. Bitcoin’s dominance at 66% underscores its market strength, potentially setting the stage for further gains if volume sustains.