The historic milestone is reached
Bitcoin has officially surpassed $100,000, a major psychological level that many thought impossible just two years ago.
Catalysts behind the rally
- Spot Bitcoin ETFs: inflows continue to break records
- 2024 Halving: supply reduction taking effect
- Institutional adoption: BlackRock, Fidelity, and Goldman Sachs accumulating
- Macro context: Fed rate cut expectations
Technical analysis
Bitcoin broke through resistance at $95,000 with record volume. Key levels to watch:
- Support: $92,000 then $85,000
- Resistance: $110,000 then $125,000
Should you buy now?
Bull case:
- Post-halving bull cycles historically last 12-18 months
- Institutional adoption is just beginning
- Supply structurally limited to 21 million BTC
Bear case:
- RSI in overbought territory
- Risk of massive profit-taking
- Regulatory uncertainty remains
Our advice
Never invest more than you can afford to lose. DCA (Dollar Cost Averaging) remains the wisest strategy for retail investors.
⚠️ Disclaimer: This article does not constitute investment advice.