#BTCBreaks99KBitcoin (BTC) has broken through the $99,000 barrier, reaching an intraday high of $103,513. This surge is attributed to renewed investor optimism following a U.S.-U.K. trade agreement and increased institutional interest, including significant inflows into spot Bitcoin ETFs. Analysts suggest that if momentum continues, BTC could test resistance around $107,000, with potential to reach $120,000 in the near term. However, caution is advised as technical indicators show possible short-term overbought conditions, and trading volumes have declined, indicating cautious participation from major market players.
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