Bitcoin, Expectation of US-China tariff easing surpasses $97,000... Breaking $100,000 is 'uncertain'

Bitcoin exceeded $97,000 reflecting expectations of tariff easing between the United States and China. However, there is an analysis that the possibility of a substantial trade agreement is still uncertain.

CoinDesk reported, "BTC is on the rise, but the market is watching whether the US-China negotiations will progress concretely." Recently, Chinese state media reported that the US requested tariff negotiations with China through several channels, and this raised potential easing possibilities in the market.

However, the decentralized prediction platform Polymarket estimates a less than 20% chance of negotiations concluding by June. This is an indicator showing a skeptical view of actual agreement, contrary to market optimism.

CoinDesk pointed out, "In terms of technology, there is an expectation of further rise in Bitcoin, but to break through $100,000, the barriers of geopolitical risks and policy variables must be overcome." The direction of US tariff policy and China's response are expected to have a significant impact on the future direction of Bitcoin.