Bitcoin has reclaimed the $100,000 price level for the first time since February, driven by impending US-China trade talks and a possible deal with the UK. President Trump hinted at a significant trade agreement, which may ease economic tensions stemming from previous tariffs. Standard Chartered analyst Geoff Kendrick predicts Bitcoin could reach $120,000 by the end of Q2, influenced by Federal Reserve interest rate decisions. Institutional investments are increasing, as shown by recent ETF inflows totaling $142 million, reflecting a growing trend among global institutions to diversify from USD assets. Additionally, the market sentiment remains positive, as indicated by a rise in the crypto Fear and Greed Index to 65, signaling Greed. The Federal Reserve's decision to hold interest rates steady also played a role, providing a bullish backdrop for Bitcoin's recent surge. Overall, optimism is building around Bitcoin's potential growth in response to easing geopolitical risks and robust institutional interest.

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