**🚀📈 Bitcoin Breaks the $99,000 Barrier! #BTCBreaks99K | Are We Seeing 100K Soon?**
**$BTC** continues its rocket-like journey, reaching **$99,000** amid strong buying momentum from institutions and individual investors.
### **🔥 Why is Bitcoin Rising Now?**
✅ **2024 Halving Effect**: New supply decreases by 50%
✅ **Global Inflation**: Investors turning to Bitcoin as a hedge
✅ **Institutional Flow**: Purchases by major investors like **Michael Saylor**
### **📊 Quick Technical Analysis:**
🔹 **Next Resistance**: $100,000 (strong psychological barrier)
🔹 **Strong Support**: $92,000 (50-day moving average)
🔹 **RSI at 68**: (indicating upward momentum without being overbought)
