#MEMEAct $BTC

Update

Bitcoin | BTC approaches the $100,000 barrier

Bitcoin continues its strong ascent as May 2025 begins, having surpassed $97,000 for the first time since the launch of spot ETF funds, supported by record investment inflows from major financial institutions. Forecasts indicate the possibility of reaching the $100,000 level in the coming days, amid increasing optimism in the market.

Among the key drivers of this rise are announcements from major companies like MicroStrategy about their intention to purchase more Bitcoin, along with traditional financial institutions like Morgan Stanley entering the digital asset trading space. Additionally, the easing of inflation fears and the stability of monetary policies have contributed to boosting investor confidence.

Technically, Bitcoin faces strong resistance at the $100,000 level, but selling pressure on short positions could pave the way for a new upward wave that may push the price to record levels.

Will we see Bitcoin above 100K soon? Share your opinion in the comments!