Bitcoin (BTC) has surpassed the $100,000 mark, reaching a high of $102,514, its first breakthrough above this level since December 2024. This surge is driven by strong bullish momentum and indicates a steady uptrend with signs of accumulation. The breakout was accompanied by a spike in volume and the $99,000-$100,000 range is now a strong demand zone. Short-term traders can take profits around the $103,000 level, while longer-term holders need to monitor the price behavior at $103,500 for potential exits. The breakout follows Microstrategy's latest BTC purchase, and the volume spike suggests bullish indicators. However, there may be a short-term pullback or consolidation before further upward movement. Overall, strategic entries and monitoring of support and resistance levels will be crucial.



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