#BTCBreaks99K Bitcoin Nears $100K on Trade Deal Hopes, But Technical Signals Warn

Bitcoin rose beyond $99,000 as markets awaited a U.S.-U.K. trade deal.

Technical indications suggest resistance around $99,900 and fading momentum.

Analysts caution that the rise may be speculative since the contract may be tentative.

Bitcoin (BTC) temporarily rose beyond $99,000 on Thursday amid optimism about a US-UK trade deal.

The protest followed President Donald Trump's social media tweet teasing a “major trade deal” with a respected foreign partner. U.K. was subsequently recognized as the probable counterpart.