#BTCBreaks99K
Global Trade Optimism: Anticipation of a
potential U.S.-U.K. trade agreement and renewed U.S.-China trade talks have bolstered investor confidence, contributing to Bitcoin's rise.
Institutional Investment: Companies like
MicroStrategy and Coinbase have seen stock gains in tandem with Bitcoin's price increase, indicating growing institutional involvement in the crypto market.
Technical Indicators: Analysts point to
bullish chart patterns and strong momentum indicators, suggesting that Bitcoin may soon break through the $100,000 resistance level.