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. 🎯