🚨 #BTCBreaks99K – May 8, 2025 🚨
Bitcoin has surged past **\$99,000**, marking a significant milestone in its bullish trajectory.
**Key Drivers:**
* **Federal Reserve's Stance**: The Fed’s decision to hold interest rates steady has boosted market confidence.
* **Geopolitical Developments**: Anticipation of a major US-UK trade deal is lifting global investor sentiment.
* **Technical Momentum**: BTC has stabilized above key moving averages, with a strong liquidity zone between \$97K–\$99.5K supporting further gains.
* **On-Chain Strength**: Over 88% of BTC supply is in profit, indicating robust holder conviction and fueling optimism.
**Market Outlook:**
With macro and technical factors aligned, Bitcoin is eyeing the psychological **\$100,000** barrier. Momentum is building for what could be the defining move of this bull cycle.
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