#BTCBackto100K
Bitcoin and the Crucial Reclaiming of US$ 100K: Why This Level Matters?
The reclaiming of the US$ 100K mark by Bitcoin represents a decisive psychological and technical milestone for the market. Historically, consolidation above this level opens doors for more expressive movements, potentially towards a new ATH (US$ 109K). This time, the recovery comes accompanied by:
Strong institutional volume (ETFs accumulating)
Reduction of BTC on exchanges (sign of hodl)
Favorable macro context (expectation of interest rate cuts)
Analysts highlight that a stay above US$ 100K for 72 hours could confirm the bullish turnaround. However, the elevated RSI (79) suggests caution with potential pullbacks before the continuation of the rally.
Key Warning: Volatility persists – supports at US$ 97K should be monitored to confirm support.
(Patience for confirmation, avoiding excessive FOMO.)