$BTC Breaks Above $100,000: New Targets Ahead
We started the day on a positive note. #Bitcoin has finally broken through the strong resistance around the $100K level, reclaiming a key psychological barrier. This breakout signals that the market is regaining momentum.
Now, all eyes are on whether BTC can hold above $100,000. If confirmed with daily closes, the next target zone could be $105K–$108K. On the downside, $95K the former resistance may now act as a strong support level.
Meanwhile, $ETH and altcoins are following the upward trend. The ETH/BTC pair is climbing, which is a bullish sign for the altcoin market. While many attribute the rally to the recent #FED decision, the Pectra upgrade likely played a much bigger role.
Current market data:
• Whale activity: Positive (+22)
• Funding rates: Neutral
• Long positions: Low
• ETF inflows: Ongoing
• Fibonacci 0.618 level: Broken
Overall, both technicals and fundamentals continue to support the uptrend. Wishing everyone a profitable day ahead ✅