According to Michaël van de Poppe (@CryptoMichNL), Bitcoin is maintaining higher timeframe support levels, indicating a strong continuation of its bullish price pattern. This technical support increases the probability of Bitcoin reaching the $100,000 milestone much sooner than previously anticipated, possibly within 1-2 days, as opposed to weeks. Traders are advised to watch these support zones closely, as sustained holding could trigger significant buy-side momentum and attract further institutional and retail inflows. This development aligns with ongoing bullish sentiment in the cryptocurrency market and could influence altcoin movements as well (Source: Twitter/@CryptoMichNL, May 8, 2025).

According to Crypto Rover, the latest Bitcoin price bounce is attracting significant trader interest and is expected to drive substantial wealth creation for early participants. Source data highlights increased trading volume and upward momentum, indicating a bullish trend that experienced traders are leveraging for profit opportunities (Crypto Rover, April 28, 2025). Monitoring key resistance and support levels is advised for short-term trading strategies.