100,000 US dollars is an important psychological threshold for BTC in the near term, and traders may face a consolidation period after locking in profits.

Bitcoin has seen continuous gains this week, and the market has clearly shifted to a more risk-friendly tone over the past week. The trade tensions seem to be easing, and Trump has indicated a willingness to negotiate, which helps boost the sentiment for risk assets (especially Bitcoin). BTC Markets cryptocurrency analyst Rachael Lucas believes that psychologically significant round numbers like 100,000 US dollars often prompt short-term profit-taking, and after traders lock in profits, a period of consolidation may follow. $BTC $ETH $BNB