Bitcoin $BTC
is maintaining its bullish momentum, trading at $99,855 and edging closer to the highly anticipated $100,000 milestone. This price movement underscores strong market confidence and heightened institutional interest, fueling demand. Key levels to monitor include $98,000 as a robust support zone, where buyers have consistently defended, and $100,000 as a critical psychological resistance. A sustained breakout above $100,000 could ignite FOMO-driven buying, potentially pushing BTC toward $105,000 or higher. Bulls should consider entering on pullbacks near $98,000 with tight stop-losses below this level, while bearish traders might look for shorting opportunities if support at $98,000 falters. As Bitcoin approaches uncharted territory, traders should brace for heightened volatility and prioritize risk management in their strategies.
