Bitcoin Nears $100K as Bullish Momentum Builds
Bitcoin continues to consolidate near the $95,000 mark, with analysts predicting an imminent breakout toward $100,000. Despite a brief pullback from $97,900 to $94,700, the cryptocurrency’s overall trend remains bullish, supported by strong on-chain metrics and sustained institutional demand. Bitcoin has maintained impressive 90-day gains of over 45%, showcasing resilience amid recent market volatility. Exchange net outflows and consistent ETF inflows indicate robust buying pressure, while derivatives data suggests Leveraged positions are positioning for further upside. With market structure firmly bullish, all signs point to Bitcoin’s next major milestone: the $100,000 psychological barrier.
Bitcoin Consolidates Near $95K as Analysts Eye $100K Breakout
Bitcoin’s brief retreat from $97,900 to $94,700 represents a healthy consolidation rather than trend reversal, with on-chain metrics and institutional demand suggesting imminent upside. The cryptocurrency has maintained 90-day gains exceeding 45% despite recent volatility.
Market structure remains decisively bullish, with exchange net outflows and ETF inflows creating sustained buying pressure. Derivatives data shows leveraged traders using the dip to accumulate positions, with open interest holding NEAR record levels.
Bitcoin Nears a Major Crossroad: Is $160k the Last Big Push Before a Bear Market?
Bitcoin stands at a pivotal juncture, with analysts forecasting a final surge toward $130,000-$160,000 before an anticipated bear market takes hold. This potential last gasp of the current bull cycle presents a closing window for profit-taking.
A newly emerged CME gap at $96,900 suggests delayed price discovery, possibly triggering a volatile push toward $97,000. While bearish divergence signals caution, historical patterns maintain confidence in Bitcoin’s long-term upward trajectory.
The cryptocurrency’s current consolidation phase appears to be setting the stage for one decisive move. Market participants watch closely as technical indicators and institutional flows collide at this critical inflection point.
New Hampshire Becomes First State to Sign Bitcoin Reserve Bill Into Law
New Hampshire has made history by becoming the first U.S. state to authorize a Bitcoin reserve. Governor Kelly Ayotte signed HB 302 into law, enabling state investments in cryptocurrency and precious metals. "New Hampshire is once again first in the nation!" Ayotte proclaimed on social media.
The legislation currently restricts holdings to Bitcoin, citing its market dominance as the qualifying criterion. While other states have pursued similar measures, none have succeeded until now. This move signals growing institutional acceptance of digital assets as reserve holdings.
New Hampshire Establishes First State-Level Strategic Bitcoin Reserve
New Hampshire has made history by enacting America’s first state-level Strategic Bitcoin Reserve law. Governor Kelly Ayotte signed HB 302 on May 6, authorizing the state treasurer to allocate a portion of state funds to Bitcoin and select digital assets. The legislation, developed with input from the Satoshi Action Fund, formalizes Bitcoin’s role as a financial reserve asset for state governments.
The bill, introduced by Rep. Keith Ammon and backed by Majority Leader Jason Osborne, passed after two years of advocacy. It creates a regulated framework for treasury Bitcoin holdings—a watershed moment for institutional crypto adoption. New Hampshire’s move could pressure other states to reconsider digital assets as reserve instruments.
New Hampshire Becomes First U.S. State to Legalize Crypto Reserves for Public Funds
New Hampshire has made history as the first U.S. state to authorize cryptocurrency investments for public funds. Governor Kelly Ayotte signed legislation permitting the state treasurer to allocate up to 5% of public reserves into digital assets meeting a $500 billion market capitalization threshold—currently making Bitcoin (BTC) the sole qualifying asset.
The move outpaces both federal action and competing state-level crypto reserve proposals that faced recent legislative hurdles. "New Hampshire is once again first in the Nation," Governor Ayotte declared on social media platform X, framing the development as a continuation of the state’s tradition of policy innovation.
