#BTCBreaks99K

Bitcoin Breaks $99K: Crypto’s Historic SurgeBitcoin (BTC) soared past $99,000 on May 8, 2025, a milestone in its bullish run, gaining 2.78% in 24 hours against USDT. Trading above $96,000 resistance, BTC shows strength over its 25-day and 50-day moving averages. Institutional demand drives the rally, with MicroStrategy adding 1,070 BTC at $94,004 each, boosting its $44 billion holdings. X posts reflect trader optimism, targeting $100,000 next. However, volatility lingers after a dip to $93,395. Analysts stress weekly closes above $92,000 to sustain momentum. Profit-taking could trigger corrections, but Bitcoin’s $1.9 trillion market cap underscores its dominance. The surge signals robust demand, setting the stage for a potential six-figure breakthrough, though traders remain cautious of short-term pullbacks.