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Bitcoin Surges Past Resistance โ $100K Next?
Market watchers are on high alert as Bitcoin breaks through key resistance levels, fueling speculation of a major rally that could take BTC toward the long-anticipated $100,000 mark.
After weeks of sideways movement, Bitcoin (BTC) has finally surged past a major resistance zone around $70,000, igniting bullish sentiment across the crypto market. With renewed institutional interest and strong on-chain fundamentals, the question on every investorโs mind is: Is $100K the next stop?
๐ Momentum Builds Around BTC
Over the past 7 days, Bitcoin has seen a steady increase in volume, with bullish candles forming on both the daily and weekly charts. Analysts point to a classic breakout pattern supported by:
Decreasing exchange reserves โ More BTC is being moved to cold wallets.
High hash rate โ Indicating strong miner confidence.
Whale accumulation โ Large holders are buying rather than selling.