Bitcoin Breaks Above $94,000 - What's Fueling the Surge?
After weeks of sideways movement, $BTC just smashed past the $94,000 mark by +19.9% in the last 24 hours! up
But what's driving this sudden momentum?
Key Reasons Behind the Rally:
Major institutional inflows from U.S. hedge funds
Increased whale accumulation across exchanges
Anticipation of the next halving cycle
Reduced miner sell pressure
Strong demand from developing markets
Quick Analysis:If $BTC can hold this level, the next resistance is around $98,500, followed by a potential run to $102K.
But if it fails to maintain momentum, we may see a retest of the $89,000-$91,000 support zone.
What's your game plan? Buying, selling, or holding?
Let me know your thoughts below And don't forget to watch $ETH, $BNB, and $SOL they're heating up too!