#BTCBreaks99K

As of May 8, 2025, Bitcoin has surpassed the $100,000 USD mark, trading in a range of $100,000 to $103,000 USD. This bullish movement has been driven by a combination of factors, including an increase in positive market sentiment and news about a possible trade agreement between the United States and the United Kingdom, announced by President Trump.

Technically, surpassing the psychological resistance of $100,000 USD suggests strong bullish momentum. Some analysts point out that the next target could be in the $105,000 USD zone. Open interest in Bitcoin futures has also increased, indicating greater participation and speculation in the market.

However, it is important to remember that the cryptocurrency market remains volatile. We could witness pullbacks or consolidations after this significant movement. The sustainability of this breakout will depend on the continuation of positive market sentiment and the absence of major negative news. For now, the momentum seems to favor the bulls, with eyes set on the next resistance levels.