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| Foto: Bitcoin /Pixabay.com |
VISTORBELITUNG.COM,Tanjung Pandan, Bangka Belitung Islands – May 9, 2025 – After experiencing fluctuations in recent months, Bitcoin has finally broken back through the psychological level of $100,000. This significant increase is driven by positive sentiment in the market, including hopes for international trade agreements and the US Federal Reserve's decision to maintain interest rates.
In trading on Thursday (May 8, 2025), Bitcoin showed a strong upward trend, even briefly touching $99,000 before finally surpassing the $100,000 mark in early trading today. Data from various crypto exchanges shows high trading volume along with this price appreciation.
Market analysts believe several factors are the main drivers of this Bitcoin rally. Optimism regarding potential trade agreements between the US and several major countries, including news of an agreement with the UK, is providing positive sentiment for risk assets like Bitcoin. In addition, the Federal Reserve's decision to maintain interest rates is also considered a signal of confidence in economic conditions, which is also supporting the rise in asset prices.
"Overall market sentiment is positive," said Anya Sharma, a leading crypto analyst. "The combination of hopes for trade agreements and accommodative monetary policy is giving Bitcoin the boost to return to the $100,000 level."
In addition to external factors, stable capital inflows into spot Bitcoin Exchange-Traded Funds (ETFs) in the US continue to provide significant support to the price. This indicates increasing institutional interest in the largest cryptocurrency by market capitalization.
Leading up to breaking the $100,000 level, there was the largest increase in short liquidations since mid-April, which further strengthened the price momentum.
Despite successfully returning to this important psychological level, analysts caution investors to remain careful. The $100,000 level is a major resistance, and profit-taking could occur afterwards. However, if Bitcoin can hold above this level, the potential to continue the upward trend towards $110,000 or higher remains open.
"$100,000 is the key level," said a senior trader. "If we see strong consolidation above this level, it could be a signal for further gains. However, price corrections are also very likely."
Bitcoin first broke through the $100,000 level in December 2024 and reached an all-time high of around $109,000 in January 2025. The return of the price to this level after several months demonstrates the resilience and further growth potential of this digital asset.
Investors are advised to continue monitoring price movements and news related to the crypto market to make appropriate investment decisions. Managing risk well remains the main key in investing in this asset known for its volatility.