#BTCBreaks99K just reached 99k but has not surpassed it
This is a signal.
If at midnight it breaks 99,300, the bulls will continue. The next step is around 102,000.
If we reach this point, we can say that we have stabilized at 100k in the short term.
We will see how it goes in the future.
On the contrary, if it is below 99,500, then you can position yourself short. Bitcoin has risen more than 2.6% in the last 24 hours, trading above $99,000 and close to $100,000.
This increase is due to the Federal Reserve not lowering interest rates to 3.0%, as demanded by US President Donald Trump.
The Federal Reserve's decision to keep rates low reflects its concern about inflation and unemployment. $BTC
