#BTCBreaks99K Bitcoin has broken above $99,000, nearing the long-anticipated $100,000 milestone. This surge is attributed to a combination of factors, including the Federal Reserve's decision to keep interest rates unchanged and President Trump's hint at a "major trade deal" with a "highly respected country". Market sentiment is bullish, with traders eyeing resistance zones. Key levels to watch include ¹ ²:
- *Support Levels*: $95,000 (critical level) and $90,000 or $85,000 for potential pullbacks
- *Resistance Levels*: $98,500 – $100,000 and $105,000 or $110,000 for potential breakouts
- *Current Price*: $99,759.99, with a 2.75% increase
Traders are advised to use stop-loss orders to protect gains, especially with high volatility. Bitcoin's realized cap has reached a record high of $890.7 billion, indicating consistent investor interest and accumulation ¹.