🟠 Bitcoin exceeds $100K: what now?
Bitcoin (BTC) broke the $100,000 USD barrier and is once again the center of the crypto ecosystem. After weeks of consolidation, the momentum was clear, strong, and backed. But... is this just the beginning?
📊 Key data
Current price: $108,462
Recent range: $98,000 – $110,000
Strong support: $100,000
Next resistance: $120,000
RSI: 72 (overbought zone)
🔍 What drove it?
Institutional ETFs continue to buy in large quantities
Low supply on exchanges (less BTC available for sale)
Strong retail interest: FOMO is back with more strength
⚠️ Is it time to enter?
Bitcoin is at all-time highs and could continue to rise, but we are entering a delicate zone. The high RSI and trading volume indicate that there might be a small correction or technical pause before breaking new levels.
Option 1: enter with strategy and risk management
Option 2: wait for a retest of support (around $100K)
Option 3: look for opportunities in altcoins that have yet to take off
BTC continues to prove why it is the king. This push above $100K is not just hype; it is structure. But every cycle needs breaks. If you are thinking of entering, do it with a cool head.
This is just the beginning.