#BTCBreaks99K recently surpassed 99,000, reaching its highest level since March 2025, amid strong upward momentum and positive market sentiment. This increase follows a short squeeze above 97,000 and is supported by a rise in accumulation by large holders and institutional investors. Bitcoin's realized capitalization hit a record of 890 billion, reflecting strong conviction among long and short-term holders.

Market optimism is fueled by positive developments, such as upcoming trade negotiations between the U.S. and China and the Federal Reserve maintaining stable interest rates. The price of Bitcoin is approaching the critical resistance zone between 99,700 and 100,000, which, if decisively broken, could pave the way for targets above 103,000 and 109,000. However, a failure to maintain support around 97,700 could lead to a pullback towards 96,000 or lower.

Overall, Bitcoin is showing strong upward momentum with institutional inflows and optimistically aligned technical indicators, making the short-term outlook cautiously optimistic as it approaches the 100,000 milestone.

BTC

98,979.99

+2.47%