Bitcoin Eyes $100K After China Stimulus and Russia Crypto Move

Bitcoin traders are eyeing a potential rally to $100K, fueled by China's economic stimulus and Russia’s use of crypto for trade with China. China's central bank recently introduced major monetary policies to boost its economy, which has positively impacted global markets. Meanwhile, Russia is using crypto for trade with China, reducing reliance on the U.S. dollar.

With Bitcoin hovering around $64K, bullish momentum is building. Wall Street experts predict it could reach $100K to $150K, especially with technical signals showing a possible breakout. Bitcoin is currently trading at $63,670, up 1% in 24 hours.

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