#BTCBreaks99K #BTCBreaks99K
[Bitcoin Surpasses 99,000 USD – Will There Be a Correction Before Breaking the Peak?]
Today, Bitcoin (BTC) has officially surpassed the 99,000 USD mark, approaching the extremely strong psychological resistance level – 100,000 USD. However, according to various technical analyses and on-chain cash flow, this could be a "test break" before a slight correction to gain momentum for a true breakout.
The trading volume is increasing significantly, but the RSI indicator has approached the overbought zone, making the possibility of BTC reversing to the 96,000 – 97,000 USD range entirely possible. This will be an important support area – if it holds, the market may witness a strong bounce above 100,000 USD in the near future.
The cash flow from whale wallets has not yet exited the market, indicating that long-term confidence remains. However, short-term investors should be cautious with potential "shakes" in the coming sessions.
Surpassing 99k is a positive signal, but for a true breakout, the market needs to take a "step back" to leap further. Are you ready?

