Bitcoin has rallied this week, with eToro market analyst Josh Gilbert saying the market has clearly shifted to a more risk-prone tone over the past week, trade tensions appear to be easing, and Trump's willingness to negotiate has helped boost sentiment in risk assets, particularly bitcoin.
Rachael Lucas, a cryptocurrency analyst at BTC Markets, believes that psychologically meaningful integer levels such as the 100,000 dollar usually prompt short-term profit-taking, and traders may usher in a period of consolidation after locking in profits. (Bloomberg)
Opinion: 100,000 USD is an important psychological barrier for BTC, traders lock in profits or welcome consolidation period
2025-05-11 08:23:24
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