#BTCBreaks99K has 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 U.S. President Donald Trump.
The Federal Reserve's decision to keep the rate low reflects its concern about inflation and unemployment. $BTC
