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Bitcoin Price Breaks $99K: Is A Rally Toward $118K Now In Sight?

Summary by The Market Periodical
Key Insights: A whale re-entered the market, buying 100 BTC after selling near the top. Bitcoin broke the $99K resistance, confirming bullish momentum. Falling wedge breakout targets $115K as ETF inflows outpace gold. Bitcoin price has regained momentum after a large investor re-entered the market with a large purchase. As the price of BTC breaks a key resistance level, market sentiment is leaning bullish once again. On-chain and technical indi…
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blockzeit.com broke the news in on Friday, May 9, 2025.
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