Bitcoin's price shows strong momentum as it successfully breaks through the USD 99,000 level, marking the strength of buyers dominating the market. This breakout is supported by a surge in trading volume, indicating intense buying interest from various groups of investors. Now, the market is entering a brief consolidation phase before continuing the rally to the next resistance. Day traders can take advantage of small pullbacks as entry opportunities with a tight stop loss below the psychological level of 99K. Meanwhile, long-term investors can view this moment as a confirmation of the ongoing bullish trend. Don't miss this important momentum: keep an eye on the movements and fundamental news to ensure your strategy remains on track.
