#BTCBreaks99K

๐Ÿš€ BITCOIN NEARS $100K AS TRUMP TEASES MAJOR UK TRADE DEAL

Bitcoin (BTC) surged nearly 3% in the past 24 hours, reaching a high of $99,835, fueled by anticipation of a significant trade agreement between the United States and the United Kingdom.

๐Ÿ“ˆ Key Highlights:

Trade Deal Buzz: President Trump's announcement of a "major trade deal" with a "big, and highly respected country"โ€”confirmed to be the UKโ€”has invigorated market sentiment.

Market Reaction: BTC's price climbed from $97,759 to $99,140 following the announcement, approaching its all-time high of $109,000 set in January.

Analyst Insights: Charlie Sherry of BTC Markets noted that the move reflects a classic reversal pattern, suggesting strong momentum that could push BTC past the $100,000 psychological resistance.

Investor Sentiment: The Crypto Fear & Greed Index rose to 65 ("Greed"), indicating growing bullish sentiment. Additionally, over $96 million in BTC short positions were liquidated in the past 24 hours.

๐Ÿค” Your Take:

With Bitcoin on the cusp of breaking the $100K barrier, do you see this as the beginning of a new bullish phase or a temporary spike driven by geopolitical events? Share your thoughts below!