#BTCBreaks99K

Today, Bitcoin (BTC) has officially surpassed the 99,000 USD mark, approaching a very strong psychological resistance level – 100,000 USD. However, according to many technical analyses and on-chain data, this could be a "test break" before a slight adjustment to gain real momentum for a breakthrough.

Trading volume is increasing significantly, but the RSI indicator has approached the overbought zone, making the possibility of BTC reversing to the 96,000 – 97,000 USD range quite likely. This will be an important support area – if maintained, the market could witness a strong bounce above 100,000 USD in the near future.