š Bitcoin Breaks $97K: Is the $100K Milestone Within Reach?
Bitcoināthe king of all coinsāhas once again captured the spotlight by surging past $97,000, marking one of its most powerful bullish waves in recent history. But the burning question remains: Will BTC hit $100K next?
This explosive move is sending shockwaves through the market, triggering FOMO across altcoins, meme coins, and institutional investors alike.
š Whatās Powering This Bitcoin Rally?
1. ETF Inflows Soaring: Billions are pouring in as spot Bitcoin ETFs continue to gain mainstream attention. Big money is betting big on BTC.
2. Post-Halving Momentum: With supply cut in half and demand spiking, Bitcoin's scarcity is fueling its price rise.
3. Institutional Accumulation: Major firms are stacking coins silently, signaling long-term confidence.
4. Global Inflation Fears: Investors are seeking a hedgeāBitcoin is proving to be the digital gold once again.
š What Traders & Investors Are Watching
š¹ $100,000 ā The next psychological milestone. A breakout here could unleash an altcoin supercycle.
š¹ $92K Support ā A crucial level to hold if there's a pullback.
š¹ Market Sentiment ā Currently ultra-bullish, but traders should remain alert to sudden corrections.
š” Why This Matters for Other Coins
As BTC leads, it drags the rest of the market with it:
ETH gaining strength as it chases Bitcoin
Meme coins like PEPE and DOGE waking up again
Altcoins across DeFi, AI, and Layer 2s showing early signs of breakout