Bitcoin, XRP and other digital assets rose early Friday, but failed to reach new highs despite fresh crypto friendly moves by President Trump. The world’s largest digital coin, Bitcoin, is up 3.6% over the past 24 hours to $105,

Skew referenced a “well defined consolidation” taking place on BTC/USD, flagging $102,000 and $106,000 as the key levels for bulls to capture definitively. “$106,000 is what i want to see on Bitcoin today,” fellow trader Crypto Tony agreed. An accompanying chart maintained an increasingly popular near-term BTC price target of around $122,000.

Bitcoin, the world's largest cryptocurrency, approached the previous session's record high on Tuesday in choppy trading as the top U.S. markets regulator unveiled a plan to overhaul rules for the sector.