Bitcoin $100K target ‘back on table’ after Trump tariff pause supercharges market sentiment

Bitcoin (BTC) staged a sharp rebound after US President Donald Trump announced a pause on tariffs for non-retaliating countries, reigniting bullish momentum and raising hopes for a potential surge toward the $100,000 mark. On April 9, BTC/USD surged by approximately 9%, reversing most of the losses it incurred earlier in the week, to retest $83,000. In doing so, the pair came closer to validating a falling wedge pattern that has been forming on its daily chart since December 2024. A falling wedge pattern forms when the price trends lower inside a range defined by two converging, descending trendlines source: https://cointelegraph.com/news/bitcoin-100-k-target-back-on-table-after-trump-tariff-pause-supercharges-market-sentiment?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound