Crypto: Bitcoin Trader Keeps $100k BTC Target As Gold Price Hits Record $4,750

Bitcoin sellers entered at the Wall Street open to drive BTC price action below $90,000, but a six-figure price target stayed in play.

Bitcoin (BTC) narrowly avoided major losses at Tuesday’s Wall Street open as US markets reacted to EU trade-war fears.

US markets offer their first reactions to the EU trade war over Greenland with $90,000 BTC price support on the line.

Gold and silver continue to top all-time highs while stocks panic.

Bitcoin can still hit $100,000 again if support here holds, a popular trader says.

Data from TradingView showed a battle unfolding for $90,000 as BTC price support.

US stocks opened with predictable losses, with the S&P 500 and Nasdaq Composite Index both down around 1.5% at the time of writing.

Precious metals, meanwhile, continued their record bull run — gold hit $4,750 per ounce for the first time, while silver coiled beneath $96.

Both sides’ rhetoric ramped up before the open, with US President Donald Trump sharing images of both Greenland and Venezuela forming part of US territory. This followed posts showing text communications between Trump and European state leaders.

“I had a very good telephone call with Mark Rutte, the Secretary General of NATO, concerning Greenland,” Trump wrote in one of several posts on Truth Social.

Source: CoinTelegraph