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Update

Bitcoin | BTC approaches the $100,000 barrier

Bitcoin continues its strong rise at the beginning of May 2025, as its price has exceeded $97,000 for the first time since the launch of spot ETF funds, supported by record investment inflows from major financial institutions. Expectations indicate the possibility of reaching the $100,000 level in the coming days, amid growing optimism in the market.

Among the main triggers for this rise is the announcement by major companies like MicroStrategy of their intention to buy more Bitcoin, along with traditional financial institutions like Morgan Stanley entering the field of digital asset trading. The decline in inflation fears and the stability of monetary policies have also contributed to boosting investor confidence.

Technically, Bitcoin faces strong resistance at the $100,000 level, but selling pressure on short positions may open the door for a new upward wave that could push the price to record levels.

Will we see Bitcoin above 100K soon? Share your opinion in the comments!