#BTCBreaks99K Hello, Binance community! 👋
Bitcoin has surpassed $99,000 and is about to reach the long-awaited milestone of $100,000! 🚀
This impressive rally comes after President Trump's announcement of a "big trade deal" with a "highly respected" country, expected to be the United Kingdom. This announcement has generated renewed optimism in the markets, driving risk assets like Bitcoin.
Additionally, the Federal Reserve decided to keep interest rates unchanged, contributing to a favorable environment for cryptocurrency investments.
In this context, Bitcoin has gained over 5% in the last 24 hours, approaching its all-time high of $109,000 reached in January.
Analysts are monitoring the resistance in the range of $101,500 to $106,500. A break above this level could pave the way for new all-time highs.
However, there are also warnings about the possibility of a short-term correction, especially if the price falls below $93,780.
And what do you think? Are we on the brink of a new bullish phase for Bitcoin or will we see a pause before the next push? I look forward to your comments! 💬📈