#BTCBreaks99K Various factors seem to be driving this movement:
* Trade agreement between the United States and the United Kingdom: The announcement of a trade agreement between these two nations has injected optimism into financial markets, including the cryptocurrency market.
* Increase in trading volume: The trading volume of Bitcoin in the last 24 hours has doubled, suggesting strong buying interest at these prices.
* Short position liquidation: A large number of Bitcoin put options will expire worthless above $101,000 USD, which could pressure short sellers and trigger a rally towards new all-time highs.
* General market sentiment: The total value of the cryptocurrency market has surpassed $3.1 trillion, indicating a widespread positive sentiment.
Some analysts even predict that if Bitcoin manages to exceed its previous all-time high (around $109,000 USD), we could see an even greater bullish movement.