Bitcoin is experiencing a significant rally, currently trading around $99,500, with intraday highs surpassing $100,000 for the first time since February 2025 .

🔍 What’s Driving the Surge?

Several factors are contributing to Bitcoin’s upward momentum:

• Trade Deal Optimism: Anticipation of a major U.S.-UK trade agreement, hinted at by President Trump, has boosted investor confidence, leading to increased demand for Bitcoin .

• Federal Reserve’s Stance: The U.S. Federal Reserve’s decision to maintain interest rates has encouraged risk-on sentiment, prompting investors to seek assets like Bitcoin .

• Institutional Investment: Significant inflows into Bitcoin ETFs, totaling $142 million in a single day, indicate growing institutional interest in the cryptocurrency .

• Weaker U.S. Dollar: A declining U.S. dollar is making Bitcoin more attractive as a store of value, further fueling its price increase .

📈 Market Outlook

Analysts are closely watching the $100,000 level as a critical resistance point. A sustained move above this threshold could signal the start of a new bullish phase, with some projections aiming for $120,000 by the end of Q2 . However, maintaining support above $95,000 is essential to avoid potential short-term corrections .

If you’re considering investing or trading, it’s crucial to stay informed and consult with financial advisors to navigate the volatile #BTCtrade #altcoin