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Update
Bitcoin | BTC approaches the $100,000 barrier
Bitcoin continues its strong rise as May 2025 begins, having surpassed the $97,000 mark for the first time since the launch of spot ETFs, supported by record investment inflows from major financial institutions. Expectations indicate the possibility of reaching $100,000 in the coming days, amid increasing optimism in the market.
Among the main catalysts for this rise is the announcement from major companies like MicroStrategy about their intention to buy more Bitcoin, alongside traditional financial institutions like Morgan Stanley entering the digital asset trading space. Additionally, the decline in inflation fears and the stability of monetary policies have boosted investor confidence.
Technically, Bitcoin faces strong resistance at the $100,000 level, but selling pressure on short positions may open the door for a new upward wave that could push the price to record levels.
Will we see Bitcoin above 100K soon? Share your opinion in the comments!