Bitcoin has once again broken through the $100,000 mark, reigniting the enthusiasm of investors and newcomers. Over the past week, BTC price surged from around $88,000 to approximately $100,000, driven not only by traditional catalysts such as ETF fund inflows and Federal Reserve policies but also by Trump's new trade agreement with the UK, stating that "this could be the first of many agreements". The clarity of macroeconomic conditions and optimistic geopolitical sentiment have injected new vitality into the cryptocurrency market.
In this article, we will unravel:
- Why Trump's trade agreement is so important for Bitcoin and the broader market
- A simple explanation of the technical roadmap at $100,000 and above
- Fundamental driving factors: Federal Reserve policies, trade tensions, and institutional flows
- Price scenarios from conservative to aggressive
On May 8th, the United States and the UK reached a new trade agreement, the first formal trade pact signed since Trump launched the "reciprocal tariff" policy on "Liberation Day". According to the agreement, the US and UK will partially withdraw tariffs in specific areas and significantly open up market access for both sides. Trump also hinted that this would be "the first of many agreements". The market interpreted this as a sign that global trade tensions (especially tariff wars with China and Europe) might ease, thereby boosting risk appetite across asset classes.
[The translation continues in the same manner for the entire text, maintaining the original structure and translating all text outside of XML tags while preserving the tags and their content.]Bitcoin has broken through the $100,000 mark, attracting significant market attention. Trump's trade agreement and the Federal Reserve's dovish stance have added new momentum to its rise. In the coming weeks, whether Bitcoin can break through the $110,000 mark or initiate a long-term sprint towards $150,000 depends on factors such as technological breakthroughs, macroeconomic clarity, and institutional participation. For both novices and experts, the key is to balance target prices and risk management: set clear price targets, establish definitive stop-loss points, and closely monitor important catalysts.
