$BTC $BTC - Bitcoin Eyes $100K Amid Global Shifts

Bitcoin (BTC) is trading around $93,500, approaching the significant $100,000 mark. This surge follows President Trump's recent comments on easing tariffs and affirming Federal Reserve independence, boosting investor confidence.

Technically, BTC has broken out of a four-month falling wedge pattern and closed above its 200-day moving average. The Relative Strength Index (RSI) is above 50, indicating positive momentum. Key resistance is at $100,000, with potential targets up to $107,000 if surpassed.

Support levels are at $85,000 and $76,000.In Switzerland, cryptocurrency advocates are urging the Swiss National Bank to include bitcoin in its reserves, citing its resistance to inflation and political influence. A referendum campaign aims to amend the constitution for this purpose.Looking ahead, forecasts suggest BTC could reach $105,000 by early 2025, driven by institutional adoption and macroeconomic factors.Disclaimer: This is not financial advice. Always conduct your own research before making investment decisions.*