Bitcoin nears $98K after a 2% surge fueled by Trump’s tariff relief hints.

Government may use tariff revenues to build a national Bitcoin reserve.

Analysts predict a breakout if Bitcoin breaks above $87K, targeting $92K–$94K.

Bitcoin — BTC, isn’t backing down this time. After struggling to reclaim the $98K level since early February, momentum is building once again. A nearly 2% daily price jump has reignited bullish hopes, and this time, the mood feels different. The spark? A wave of optimism sweeping through financial markets after Donald Trump hinted at softening trade barriers. Traders are buzzing, and the spotlight has swung right back onto Bitcoin.

Bulls Feel the Pressure—and Push Back Hard

Since February 7, Bitcoin dipped below $98K without breaking through. Each attempt fell short. This week, though, energy feels charged. Price reached $85,926 before settling around $85,896. That number might not scream headlines, but under the surface, something’s stirring. Futures Open Interest climbed roughly 1%, suggesting fresh money is eyeing a bigger move.

Trading volume dipped 6%, showing hesitation among some short-term players. But others see the lull as a setup. When Donald Trump floated the idea of removing tariffs on imported cars and popular tech products, markets didn’t sit still. Risk appetite returned. And digital assets felt the ripple. Whispers out of Washington sparked even more excitement. Multiple reports claim Trump’s team is considering using tariff funds to buy Bitcoin. That’s not a joke or a meme. The U.S. government might build a Bitcoin reserve.

President Trump recently met with El Salvador’s Bitcoin advocate, Nayib Bukele. That meeting didn’t go unnoticed. Soon after, Bo Hines, who leads the Presidential Digital Asset Advisory Committee, added fuel to the fire. His statement confirmed that the administration is mapping out a national crypto strategy. The goal? Make America a global force in Bitcoin ownership.

One Final Push Could Flip the Chart

Bitcoin now sits near $86K, facing that familiar wall. But traders feel something brewing. Crypto analyst Michael van de Poppe sees a clear path forward. In his view, a clean break above $87K could quickly lead to targets around $92K or even $94K. That would leave the $98K resistance hanging by a thread.

Momentum has returned. News cycles, policy chatter, and global markets are all lining up. Bulls are no longer hoping—they’re hunting. A decisive move above resistance could flip the entire narrative and set the tone for the coming months.

For now, everyone’s watching. The chart looks ready. Confidence is rising. And Bitcoin’s next move could turn whispers into roars. If this breakout happens, bulls may not just win—they might rewrite the playbook.  Read MoreNews, Bitcoin News, Altcoin, Bitcoin (BTC), Crypto market, cryptocurrency 

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