Bitcoin continues climbing.
And analysts are now watching one critical level.
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The cryptocurrency has just completed.
Its sixth consecutive week of gains.
A strong momentum.
Not seen for several months.
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According to several market analysts,
Bitcoin now needs to break above 98,000 dollars.
To officially enter a new long-term bullish trend.
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Why does this level matter so much?
Because it represents a major resistance zone.
A psychological barrier.
And a technical threshold closely followed by institutional investors.
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Bitcoin’s recent rise is supported by multiple factors.
Strong ETF inflows.
Growing institutional exposure.
And renewed optimism around global monetary policy.
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At the same time,
large investment funds continue increasing their crypto positions.
So, the market is no longer driven only by retail speculation.
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But volatility remains high.
Even during bullish phases,
Bitcoin can still experience sudden corrections.
So, analysts remain cautious despite the positive momentum.
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Another important signal appears in trading volumes.
Activity increases steadily.
Across major exchanges.
Meaning investor confidence is gradually returning.
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For crypto supporters,
crossing 98,000 dollars could trigger a broader market rally.
Potentially impacting Ethereum.
Altcoins.
And the wider digital asset ecosystem.
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In summary:
After six consecutive weeks of gains, Bitcoin is approaching a symbolic threshold that could determine whether the market is entering a new long-term bullish cycle or simply experiencing another temporary surge.
