#BTCBackto100K

💫Bitcoin (BTC) has finally reached the $100,000 mark on major exchanges for the first time since February, before slightly retreating due to profit-taking.

President Trump announced positive developments in tariff deals with several countries, and momentum is building, with the U.S. Federal Reserve's interest rates remaining stable.

Yesterday, Trump announced the first deal since his administration launched a large-scale tariff program last month. The U.S. President noted that his government reached an agreement with the United Kingdom, and several other deals are in the final stages. A Reuters report indicates that the deal will reduce tariffs between the U.S. and the UK on steel and automobiles, easing concerns about inflation in supply chains that have haunted risk assets since the tariff shock.

Traders are now looking at $105,000 as the next resistance level. If Trump's deal materializes without surprises, bulls assert that the path to $120,000 could open up quickly.