Bitcoin (BTC) maintained its position above $96,000 despite facing selling pressure. The flagship cryptocurrency rose to $97,760 as bulls attempted to push the price towards $100,000. However, it lost momentum after reaching this level, dropping to $95,929 before rising to its current level.
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Bitcoin (BTC) briefly crossed $97,000 as markets recovered thanks to growing optimism the US and China would reach a trade deal. However, some analysts remain skeptical that a deal can be concluded before June. The flagship cryptocurrency extended its gains on Friday as it eyes a move to $100,000.
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Bitcoin (BTC) surged past $96,000 as positive price action gained momentum during the ongoing session. The flagship cryptocurrency was pinned below $95,000 for most of the week as it struggled to overcome selling pressure at higher levels.
Bitcoin (BTC) is trading slightly lower than the psychological resistance at around $95,000 as it continues to consolidate after a spectacular recovery that saw the flagship cryptocurrency retake $90,000.
Bitcoin (BTC) continues to trade around $95,000, marginally down over the past 24 hours as it struggles to break the resistance between $95,000 and $96,000. A break above these levels could take the flagship cryptocurrency to the elusive $100,000 mark.
