#BTCBreaks99K BTCBreaks99K

Bitcoin breaks the $99,000 barrier for the first time since the beginning of the current rise!

The price is now hovering around $100,000$ in a historic moment reflecting massive buying momentum, supported by institutional liquidity and individual traders alike.

What does this mean?

Breaking the psychological resistance of 99K could open the way towards 105K and 110K.

The Relative Strength Index (RSI) is in overbought territory, which may indicate the possibility of a temporary correction.

However, the new support is at $95,700, and any rebound from it is considered a buying opportunity.

Did you miss the wave?

Not yet, the market is still in a strong momentum phase, but caution and risk management are advised!

Stay tuned for our real-time updates and upcoming support and resistance analyses.