Bitcoin Breaks $100K Barrier Again, Reaching a $102,514 High
Bitcoin (BTC) has surged past $100,000 for the first time since December 2024, hitting a high of $102,514 amid strong buying momentum.
After consolidating near $97,000–$98,000 earlier in the week, BTC broke out at 9:54 a.m. ET with a volume spike, pushing prices sharply higher. The $99,000–$100,000 range now acts as a strong demand zone, while resistance looms at $103,000–$103,500. MicroStrategy’s recent BTC purchase and liquidations of $48.13 million in short positions reflect renewed market optimism. Traders are watching for a potential retracement or continuation above $103,000 for further upside.
Clever Robot News Desk 7th January 2025
