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Bitcoin Bulls Dominate Futures Market – $100K Level Now In Focus

  • Bitcoin is nearing the $100,000 milestone, with price surging above $99,000 for the first time since February amidst bullish momentum.
  • On-chain and derivatives data support bullish sentiment, with market anticipating further upside potential as Bitcoin targets the $100K level.
  • Technical analysis indicates strong bullish momentum, with Bitcoin trading above key moving averages and facing resistance at $100K–$103K range.
  • Market sentiment remains positive as buyers dominate, but a clear break and hold above $100K will be crucial for the next phase of the bull cycle.

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