$BTC Bitcoin (BTC) is currently trading around $96,900, marking a notable increase over the past day. Its market capitalization stands at a substantial $1.92 trillion, reflecting its dominant position in the cryptocurrency market. Recent analysis suggests Bitcoin has broken through key resistance levels and is eyeing the $100,000 mark, a psychological barrier that could pave the way for new all-time highs.

Market sentiment remains largely bullish, fueled by factors such as increasing institutional adoption via ETFs and the upcoming halving event which will further reduce its supply. While some analysts predict a potential pullback after breaching $100,000, the long-term outlook for Bitcoin remains optimistic, with some forecasts suggesting it could reach $1 million by 2030. Investors are closely watching upcoming economic data releases, such as the US Nonfarm Payrolls report, which could influence short-term price action.