$BTC Bitcoin steadies close to the $97,000 level even as traders continue to digest tariff-related economic uncertainty on Friday.
$BTC hovers near $97,000, is $100,000 next?
Bitcoin trades less than 5% away from $100,000 on Friday. The largest cryptocurrency made strides despite market uncertainty and sentiment among crypto traders improves.
The crypto Fear & Greed Index signals “greed” among traders, swinging from Thursday’s “neutral” stance and signaling that sentiment is turning bullish.
Traders need to watch the indicators carefully for potential signs of a trend reversal since RSI has crossed into the “overvalued” or “overbought” zone. Typically a drop from this zone could trigger a sell signal. MACD histogram bars are consecutively shorter as observed in the chart below.
Most of the top 10 cryptocurrencies gain on Friday and crypto trader’s sentiment improves.
Strategy, formerly MicroStrategy, raises its target to $15 billion in Bitcoin gains in 2025, says MSTR stock is a “Bitcoin shortcut”.
Barring Binance Coin ($BNB ) and Tron ($TRX ), nearly all cryptocurrencies in the top 10 gained in the last 24 hours, as seen on CoinGecko. $BTC ’s rally to $97,000 pushed other assets higher alongside the top crypto.