$USDC $BTC

Update

Bitcoin | BTC Approaches the $100,000 Barrier

Bitcoin continues its strong ascent at the beginning of May 2025, having surpassed the $97,000 mark for the first time since the launch of spot ETF funds, supported by record investment flows from major financial institutions. Predictions indicate the possibility of reaching the $100,000 level in the coming days, amid increasing optimism in the market.

Among the key drivers of this rise is the announcement by major companies like MicroStrategy of their intention to purchase more Bitcoin, along with the entry of traditional financial institutions like Morgan Stanley into the realm of digital asset trading. Additionally, the decline in inflation fears and the stabilization of monetary policies have bolstered 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 wave of upward momentum that could push the price to record levels.

Will we see Bitcoin above 100K soon? Share your thoughts in the comments!