Bitcoin briefly hit $100,000 early Saturday, marking a milestone amid heightened volatility and significant outflows from U.S. spot Bitcoin ETFs, which saw $488 million and $191 million withdrawn on Thursday and Friday. Despite the Fed’s supportive rate cut, selling pressure from U.S. exchanges and ETFs persisted. Analysts note Bitcoin’s monthly Bollinger Bands are at historic extremes, signaling potential for a sharp move, with traders watching for a breakout above $116,000 or below $107,000.