#BTCBreaks99K

Bitcoin is nearing the $100,000 mark amid speculation of a major U.S.-U.K. trade deal.

The Wall Street Journal suggests the trade deal announcement may only be a preliminary framework.

Key indicators like the Coinbase premium and RSI divergence hint at potential resistance and weakening momentum.

Onchain analysis points to $99,900 as key resistance.The upswing in prices is consistent with the cryptocurrency's broader bullish technical setup and buoyant risk sentiment in traditional markets. As of this writing, the Asian stocks traded higher, with the futures tied to the S&P 500 up by 0.6%.