Bitcoin ($BTC) surprised the market today as it pumped sharply after clearing lower-side liquidity and is now trading above the $100,000 mark for the first time in history earlier in the session, Bitcoin dipped below key support levels, triggering stop-losses and collecting liquidity from long positions stacked in the lower range this classic liquidity sweep often referred to as a stop hunt flushed out weak hands before strong buying interest stepped in once the sell-side liquidity was absorbed, aggressive buyers pushed the price higher, breaking through resistance levels and propelling BTC into six-figure territory. The move was accompanied by a surge in volume, suggesting institutional players may have been behind the breakout traders are now watching closely to see if Bitcoin can hold above $100K and establish it as a new support level many analysts believe this milestone could mark the start of a new phase in the bull market, with potential upside targets yet to be tested as always, caution is advised markets remain volatile, and further shakeouts are possible before a sustained trend is confirmed.
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