#CryptoCPIWatch $BTC
Update
Bitcoin | BTC approaches the $100,000 barrier
Bitcoin continues its strong rise at the beginning of May 2025, surpassing $97,000 for the first time since the launch of spot ETF funds, supported by record investment flows from major financial institutions. Predictions indicate the possibility of reaching $100,000 in the coming days, amid increasing optimism in the market.
One of the main catalysts for this rise is the announcement by major companies like MicroStrategy of their intention to buy more Bitcoin, along with the entry of traditional financial institutions like Morgan Stanley into the digital asset trading space. Additionally, the decline in inflation fears and the stabilization of monetary policies have boosted investor confidence.
Technically, Bitcoin faces strong resistance at the $100,000 level, but selling pressure on short positions could open the door for a new wave of increases that may drive the price to record levels.
Will we see Bitcoin above 100K soon? Share your opinion in the comments!