Bitcoin's spot prices have been facing an apparent unbreakable resistance around the $99,000 mark. Despite this, the sentiment among analysts remains optimistic, with predictions that Bitcoin could potentially surpass the $100,000 mark over the weekend.
Bitcoin CME futures already saw a break above $100,000 earlier this week. This raises hope among market participants that spot prices may soon follow, shifting the dynamics of the current market trend.
The persistent optimism stems from a belief in the underlying strength and continued interest in Bitcoin, even as it faces sell walls.