#BTCBreaks99K It's exciting to see the enthusiasm around Bitcoin potentially reaching $99K! Here's a breakdown of the current situation based on the latest information:

Current Price Action and Analysis:

* As of today, May 8, 2025, Bitcoin is trading around the $97,000 - $99,000 range. Several sources indicate that Bitcoin has been testing and facing resistance in this zone.

* Analysts note a battle between buyers and sellers at this level. A break above the $97,000 - $99,000 resistance is seen as crucial for further upward momentum.

* Some analysts suggest that if Bitcoin holds above the $93,500 support level and breaks through the $97,000 - $99,000 range, it could potentially retest the $100,000 mark.

* Technical analysis shows Bitcoin has recovered from a previous correction and has been consolidating within the $93,000 - $96,000 range before pushing towards the current levels.

* There's a mention of a "death cross" on the daily chart (100-day moving