Bitcoin has been trading over USD 99,000 for the first time since February, which signals the raise in stubborn momentum, when the price action pushes towards the long -awaited milestone $ 100,000. After weeks of a constant upward trend and strict consolidation under key resistance, BTC finally broke USD 99,000, putting the market at a high ambulance, which could define the next stage of the bull cycle.

This movement occurs when data on the chain and derivatives still support the stubborn case. According to Cryptoquant, the Bitcoin domination indicator shows that the stubborn pressure on the Futures market remains robust. While Futures’ activity has slightly decreased compared to May 6 and 7, analysts suggest that this is not particularly disturbing – the momentum is still based in favor of bulls, and the market seems to set a continuation.

The $ 100,000 level remains the main barrier. Recovering and maintaining it as support would probably cause a wave of growth, because market moods change even more aggressively in favor of Bitcoin. Until then, the current breakthrough is a robust signal that the buyers remain under control, and he builds trust both on the point markets and borea contracts. The coming days can be crucial.

Bitcoin pushes $ 100,000 when the bulls are rushing

Bitcoin finally presses above the critical supply zone near $ 99,000, signaling a robust change of shoot after weeks of consolidation. Bulls clearly control, defending the higher low and pushed the price in the novel phase of strength. However, despite the breakthrough, BTC is still trying to regain the decisive level of USD 100,000 – a psychological and technical barrier that still defines market moods.

The real test is in the range of 100,000 to USD 103,000, which means the upper limit of current resistance. The confirmed break and holding over this zone will not only confirm the last rally, but also ignite the next stage of the bull cycle. Until this happens, Bitcoin remains simply shy in relation to the full groundbreaking territory.

Macroeconomic uncertainty still clouges the wider financial landscape. The voltages between the USA and China persist, and the US Federal Reserve confirmed its plan to maintain increased interest rates while at the same time quantitative (QT). These conditions are a risk for all risk assets, including cryptography, but they can also act as fuel if global mood becomes positive.

The best Axel Adler analyst Joint observations Pointing to the further pressure of the Futures contracts stubborn on the market. While the positioning has cooled down a bit from May 6 and 7, Adler notes that it is no longer critical – it was largely subjected and the bulls remain under control. According to him, the next stop is $ 100,000.

The current configuration is very constructive. If Bitcoin breaks above $ 100,000 with a volume, the level of $ 103,000 can enter quickly. Until then, the market remains in a state of waiting, with a breakthrough structure – but it is not yet completed. The upcoming days will be of key importance to determining whether this rally has the strength to transform into a full -scale breakthrough.

Technical analysis: Price Action shows strength

Bitcoin currently has 99,739 USD after a robust pressure on the psychological level of resistance of $ 100,000. The 4-hour chart shows a clear continuation of the stubborn rush, because BTC breaks above previous supply zones and levels of recovery, which were observed in February. This growth occurs after a spotless breakthrough after consolidation at the end of April, with consistently higher minimals and increasing volume support.

BTC is now trading much above the straight movable 200-speed average (SMA) at 88 825 USD, as well as 200 % Medium Medium Medium (EMA) to USD 91 152. The average movable ones have changed into active support and reflect the structure of strengthening trends. However, the range of 100,000–103,600 USD remains the last obstacle before considering novel ups of all time.

The market shows signs of trust, and the bulls strongly controlled and build a price action towards a potential breakthrough. Despite this, the reaction of approximately 100,000 USD will be of key importance-this level has been working as a great resistance many times, and each rejection can cause a short-term withdrawal back towards the zone 95,000 USD.

For now, the trend remains stubborn, and a indefinite approach above $ 100,000 would confirm further upward potential. The upcoming sessions will be the key to determine whether Bitcoin can recover the novel earth again or getting stuck below resistance.

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