Analyst: $100,000 is an important psychological level for BTC in the near term

ChainCatcher message, Bitcoin has risen continuously this week. eToro market analyst Josh Gilbert stated that the market has clearly shifted to a more risk-on tone over the past week, as trade tensions seem to be easing, and Trump has indicated a willingness to negotiate, which helps boost sentiment for risk assets (especially Bitcoin). BTC Markets cryptocurrency analyst Rachael Lucas believes that psychologically significant round numbers like $100,000 often prompt short-term profit-taking, and after traders lock in profits, a period of consolidation may follow.