Bitcoin is nearing the significant $100,000 mark following a recent rally, driven by optimism over potential tariff reductions and reassurances regarding Federal Reserve independence. Although still below its record high, Bitcoin has seen a notable increase from its 2025 low. Technical analysis highlights a breakout from a falling wedge pattern and a close above the 200-day moving average, indicating bullish momentum. Key resistance levels include the psychological $100,000 mark and around $107,000, while support levels are at approximately $85,000 and $76,000. These levels could influence further price movements and investor decisions.
— new from Investopedia
