**BITCOIN REACHES $100K: TECHNICAL ANALYSIS AND NEXT OBJECTIVES #BTCBackto100K **
Today, May 8, 2025, Bitcoin has marked a historic milestone by reaching **$100,000**, confirming the strength of its technical structure and institutional accumulation over the past quarters.
### 🔍 **Keys to the Current Movement**
1. **Breaks Multi-Year Resistance**: The price strongly surpassed the resistance zone at $98K (previous ATH of 2024), now turned into support.
2. **Solid Volume**: Over $50B in spot in 24h, with dominance of institutional purchases (ETFs accumulate +12,000 BTC this week).
3. **Technical Indicators**:
- Weekly RSI at 68 (without extreme overbought).
- 200-week Moving Average as dynamic support ($72K).
### 📈 **Post-$100K Scenarios**
- **Short Term (1-3 months)**: Consolidation between $95K-$105K before testing $120K (1.618 Fib extension from the 2022-2024 cycle).
- **Risks**: Healthy correction of 20%-25% possible if volume decreases abruptly (key support at $85K).
### 💼 **Fundamental Factors**
- Adoption of ETFs in Asia (Hong Kong approved options in BTC this week).
- 2024 Halving: Deflationary effect begins to reflect in supply scarcity on exchanges (reserves < 1.8M BTC).
### 🎯 **Strategy for Investors**
- **HODLers**: Maintain core position (70%-80% of the stack).
- **Traders**: Take partial profits at resistance zones ($105K, $120K) and rebalance.
**Conclusion**: This rally validates the narrative of "digital store of value". The $100K is not a ceiling, but a stepping stone towards the phase of hyperbitcoinization.