$BTC price chart breaking past six figures. It’s official – Bitcoin has blasted through $101,000! Traders and HODLers alike are on fire as BTC reclaims six-figure territory for the first time in months.

The crypto community is buzzing with excitement: headlines call it a historic milestone and volumes on major exchanges have spiked. Whether you’re celebrating the rally or bracing for the next move, the energy in the market right now is off the charts!

Bullish Trends & Whale Activity

🐋 Whales accumulating: On-chain data shows large BTC transfers surging. Glassnode reports a ~12% jump in wallet transactions over $100K in just 48 hours, and thousands of holders now own 100+ BTC. Big wallets are leaving exchanges, withdrawing roughly $2.4B recently, a classic bullish sign that whales are stacking sats.

🏦 Institutional demand: The big money is flowing in. New U.S. spot Bitcoin ETFs have seen around $7.9 billion in inflows this year, and firms like MicroStrategy keep piling on more BTC. Analysts note that institutional investors are in “full force” this cycle – a major factor powering the rally.

📈 Technical breakout: Bitcoin has broken out of a long-term wedge pattern, setting sights on ~$110K. Short-term indicators turned bullish too. For example, after flipping $100K, Fibonacci extensions target the mid-$100Ks, and momentum oscillators (RSI, MACD) are in overbought territory, hinting bulls still have an edge.

🌐 Macro catalysts: The broader market is in a risk-on mode. Recent Fed decisions (holding rates steady) and news of easing trade tensions have investors hunting yield, and BTC is benefitting. As the Economic Times notes, the Fed pause “renewed risk appetite” and had markets “eyeing a $100K breakout” – conditions that are clearly fueling Bitcoin’s surge today.