Bitcoin recently smashed through a significant resistance of sell orders, surpassing the $100,000 mark. This key milestone showcases Bitcoin's incredible market strength and growing acceptance.
Order books reveal strong support at this price level, indicating a potential stabilization or further upward momentum. Analysts believe the current demand dynamics underpin a solid foundation for the cryptocurrency to hold or advance beyond $100,000.
This achievement reflects increasing investor confidence and institutional interest, underscoring Bitcoin's evolving role in the financial landscape.