#BTCBackto100K Recent news indicates that the hashtag #BTCBackto100K is gaining traction as Bitcoin has surpassed the $100,000 mark, even reaching $101,525. This milestone is considered a key resistance that has finally been broken, generating bullish sentiment in the market. Open interest in Bitcoin has also seen a significant increase, exceeding $70 billion.

In my opinion, this bullish movement reflects renewed optimism in the cryptocurrency market. Surpassing $100,000 could act as a catalyst for further momentum. However, it is important to remember the inherent volatility of Bitcoin and to be cautious of potential corrections, even with this strong push. Diversifying investments and conducting thorough research remain crucial. Considering the break of this important resistance and the growing institutional interest, it would not be surprising to see Bitcoin consolidate above $100,000 in the short term and possibly target $120,000 before the end of the year, although volatility could always introduce unexpected scenarios.