Is the $100,000 Breakout Finally Here for Bitcoin? 🚀
Bitcoin is showing massive strength today, decisively breaking above the $96,000 level! After weeks of consolidation between $92k and $94k, the "shaking of the tree" seems to be over.
What’s driving this move?
1️⃣ Institutional Inflows: Spot ETFs saw a massive $840M net inflow today, led by BlackRock’s IBIT. The "big money" isn't waiting for a dip.
2️⃣ Regulatory Clarity: All eyes are on the U.S. Senate today as they discuss the CLARITY Act. If this passes, it could be the final green light the market needs.
3️⃣ MicroStrategy Accumulation: With Saylor’s recent purchase of another 13,000+ $BTC, the supply on exchanges is drying up fast.
Technical Outlook: A sustained close above $97,000 today could trigger a "Short Squeeze" that carries us straight to the psychological $100K barrier by the weekend. 🎯
Key Levels to Watch:
📍 Support: $94,400 (Must hold)
📍 Resistance: $98,200 & $100,000
Are you buying the breakout, or do you think $100K is a "bull trap"? Let me know your target for the end of the week! 👇
#BTC #Bitcoin #CryptoMarket #100K #TradingTips $BTC
