Bitcoin Breaks $100K Barrier: Bull Market Revival Confirmed

Bitcoin has surged past the $100,000 mark, signaling a strong return of the bull market. With an 8% increase, the cryptocurrency is now targeting the $105,000 resistance level. A newly formed trend line on the hourly BTC/USD chart indicates solid support at $102,000, as confirmed by Kraken data. The next critical hurdle is at $104,200, and a breakout could propel Bitcoin even higher. This rally underscores the growing bullish momentum in the crypto market.

Bitcoin Price Surges Past $100K—Bull Market Officially Back?

Bitcoin has ignited a fresh rally, breaching the $100,000 psychological barrier with an 8% surge. The cryptocurrency now eyes the $105,000 resistance level as bullish momentum builds.

A newly formed trend line on the hourly BTC/USD chart shows robust support at $102,000, with Kraken data confirming the upward trajectory. The next critical hurdle lies at $104,200—a breakout could trigger another leg up.

The rally originated from a $95,500 support base, methodically conquering $98,000 before the explosive MOVE past six figures. Market structure suggests this isn't mere speculation but institutional-grade buying pressure.

CryptoBilis Announces Bitcoin Pizza Day 2025: Bigger and Better in Manila, with Tangem as Official Partner

CryptoBilis is set to host "Bitcoin Pizza Day 2025" on May 30th in Manila, following the success of last year's event that drew over 500 cryptocurrency enthusiasts. The venue shifts to MetroTent in Ortigas, promising a larger celebration. Tangem joins as the official partner, underscoring the event's significance in commemorating Bitcoin's history.

The event highlights the growing cultural footprint of cryptocurrency in Southeast Asia, with Manila emerging as a regional hub for crypto adoption. Bitcoin's legacy as a pioneer asset takes center stage, though no other coins are directly mentioned in the announcement.

Will Markets Move Higher When $2.6B Bitcoin Options Expire?

Approximately 26,000 Bitcoin options contracts, with a notional value of $2.57 billion, are set to expire on May 9. The put/call ratio stands at 0.91, indicating a near balance between short and long positions, with a slight bias toward puts. The max pain point is $93,000—$10,000 below current spot prices—where most losses will crystallize.

Open interest peaks at the $100,000 strike price, with $1.8 billion in contracts, reflecting bullish sentiment. Spot market volatility could disrupt the recent lull in derivatives trading, mirroring last week's subdued activity.

Bitcoin Faces Minimal Resistance Beyond $100,000, On-Chain Data Indicates

On-chain analysis reveals Bitcoin's path to $100,000 may encounter surprisingly light resistance. Sentora's data shows most investor cost bases cluster below current prices, creating a favorable supply-demand dynamic for further upside.

The distribution of Bitcoin's supply by acquisition price paints a bullish technical picture. Large holdings were predominantly accumulated at lower levels, leaving few underwater sellers to cap rallies above six figures. Market structure appears primed for continuation as BTC tests new all-time highs.

Biggest Wipe-Out Since 2021: 190,000 Traders Liquidated as BTC Hits $100,000

Bitcoin's surge to $100,000 triggered the largest liquidation event since 2021, with 190,000 traders wiped out and losses nearing $1 billion. Short positions bore the brunt, accounting for $836 million of the total. Data from CoinGlass suggests the actual figures may be higher, as Binance's full liquidation data remains undisclosed.

The derivatives market shows escalating heat, with analysts warning of potential cascading liquidations. While shorts have been decimated, fresh risks emerge as Leveraged longs now dominate the market structure. The scale of this event underscores the volatility inherent in crypto's price discovery phase.

Bitcoin Realized Cap Hits ATH Again – Sustained Inflows Signal Bullish Momentum

Bitcoin has surged past the critical $98,000 resistance level, flirting with the $100,000 milestone as it reached $99,890. Bulls dominate the market, with accelerating momentum confirming the anticipated uptrend. Weeks of consolidation and higher lows have culminated in a clear display of strength as BTC eyes new all-time highs.

On-chain data from CryptoQuant underscores this bullish sentiment, revealing sustained capital inflows into Bitcoin. The Realized Cap—a metric tracking the aggregate value of coins at their last moved price—has set a new record for the third consecutive week. This accumulation phase reflects renewed institutional and retail confidence, reinforcing Bitcoin's upward trajectory.