Bitcoin's $100K Showdown: Bulls vs Bears in Volatile Standoff
Bitcoin Price Surge: What Happens if BTC Breaks $100,000 or Falls Below $95,000?
Bitcoin (BTC) has been on a rollercoaster ride in recent days, with its price surging above $99,000 and then retracing slightly. The cryptocurrency's volatile nature has investors and analysts alike wondering what could happen if BTC breaks the $100,000 mark or falls below $95,000.
On Monday, BTC rallied towards $100,000 as concerns over a full-blown trade war significantly subsided with Mexico reaching an agreement with U.S. President Donald Trump. Mexico President Claudia Sheinbaum said that the government will deploy 10,000 troops on the U.S. border to stop illegal arms and drug trafficking. She also said that tariffs will be delayed for a month.
Underscoring the sudden sentiment change, odds on prediction marketplace Polymarket that Donald Trump will remove blanket tariffs against Mexico before May spiked to 80%, up from around 50% earlier today. Bitcoin surged from its Monday lows of $91,300 after the overnight capitulation, and was up 1.5% on the day, TradingView data shows. Ethereum's ether (ETH) rallied above $2,700 from near $2,000, while Solana's SOL traded above $200. XRP advanced 40% from its lows, trading around $2.5.
U.S. stocks narrowed earlier declines by about 50%, with the Nasdaq now lower by only 1% and the S&P 500 0.75%.
If BTC breaks the $100,000 mark, it could signal a new bullish trend for the cryptocurrency. This could lead to increased institutional investment and further price appreciation. However, if BTC falls below $95,000, it could indicate a correction or even a bearish trend. This could lead to a decrease in investor confidence and a potential sell-off.
Analysts are divided on what could happen next for BTC. Some believe that the cryptocurrency could continue its 
Quickly understand the history and background of various well-known coins
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