$BTC Bitcoin Weekly Forecast: BTC looks set to head back to $100K after logging fourth straight week of gains

Bitcoin (BTC) price is hovering around $97,000 at the time of writing on Friday, following a decisive breakout above its key resistance level the previous day, and looks set to post a fourth consecutive week of gains.

Bitcoin price remained strong this week as markets remained on edge about any possible breakthrough in trade talks between the US administration and the country’s main trading partners, particularly China. News on Friday that China is evaluating the possibility of trade talks with the US supported risky markets such as crypto.