#BTCBreaks99K Bitcoin has indeed broken the $99,000 mark, with its current price hovering around $99,574.43, showing a 2.88% increase. The market sentiment is positive, with many expecting Bitcoin to reach new all-time highs, potentially surpassing $100,000.

*Key Price Levels to Watch:*

- *Resistance Levels:* $98,500 - $100,000 and $105,000

- *Support Levels:* $95,000 (critical level), $90,000, and $85,000

*Market Predictions:*

- *Bullish Scenario:* Bitcoin could continue its upward momentum, reaching $105,000 or $110,000 if it breaks above $100,000.

- *Bearish Scenario:* A correction could lead to support levels around $90,000 or $85,000, providing buying opportunities.¹ ²

*Factors Influencing the Price:*

- The recent Fed meeting and comments from Fed Chair Jerome Powell have injected optimism into the market, contributing to the bullish momentum.

- Increased investor activity and accumulation patterns suggest a potential price breakthrough.