Bitcoin officially racked up 30 consecutive days above $100,000, a historic milestone highlighted by Bitcoin Magazine and Nasdaq on June 10. Since then, the trend has continued; recent news shows it continues to trade between $104,000 and $107,000 daily. This puts its approximate streak at over 40 days, but it’s important to distinguish between the confirmed 30 days and the number of days since then, which can vary depending on the source.
🚀 Why is this significant?
New psychological floor: The $100,000 level is no longer just a breakout point, but is consolidating as a base, supported by institutional buying and flows into ETFs.
Positive technical signal: Analysts see this support as a starting point for rises towards previous levels, such as $112k, and even towards targets such as $120–130k. Favorable macro environment: Support comes from economic signals such as the Fed pause or possible rate cuts, as well as geopolitical optimism. 📊 Current market state: Today, Bitcoin is trading in the $104k–$107k range, influenced by factors such as institutional buying, international events, and Fed expectations. Altcoins are currently showing mixed behavior, with some assets appreciating and others declining, which is typical when BTC leads the momentum. 🧭 What does the future hold?
Consolidation at $100,000: As long as Bitcoin holds this level, it adds credibility to the argument that it is a store of value in the face of a macro crisis.
Technical resistance at $112,000: This is the key level to overcome, according to chart pattern analysis. Potential targets: If it breaks $112,000 with force, analysts point to $120–130,000 as the next momentum zone. Latent risks: Warnings of pullbacks, changes in interest rates, or a global shock could draw buyers away and lead to corrections.
✅ In summary
Key point: Details
Historical streak: More than 30 days confirmed and currently in extension
Importance of $100,000: Evolving from resistance to solid support
Next levels to watch: $112,000 (resistance), then $120–130,000
Key factors: Institutional investment, ETFs, monetary policy, and global conditions