According to @KookCapitalLLC on Twitter, Bitcoin has reached the $100,000 mark as of May 8, 2025, signaling a significant psychological and technical breakout for traders. This milestone may trigger increased trading volumes, higher volatility, and elevated interest from both institutional and retail investors, potentially impacting altcoin performance and overall crypto market liquidity (Source: @KookCapitalLLC Twitter, May 8, 2025). Traders should monitor support and resistance levels closely as historical price action at major round numbers often leads to rapid price movements and shifts in sentiment.

According to KookCapitalLLC on Twitter, there is a prediction that Bitcoin will break $100,000 today. However, as of the latest verified data, Bitcoin has not yet reached this milestone, and no official exchange has reported such a price point (source: Binance, CoinMarketCap, May 8, 2025). Traders are advised to monitor real-time BTC/USD price movements and volume spikes closely, as increased volatility can present both breakout and reversal opportunities. Current on-chain data shows heightened trading activity, which may impact altcoin correlation and overall crypto market sentiment. It is crucial for traders to set clear risk management strategies and use stop-loss orders during periods of high price speculation.