The BTC price is once again looking out to its highest levels (ATHS). This time, the potential agreement between the United States and China in the ongoing trade war talks is likely to be a catalyst. The pioneer criticized $ 104,000 after Donald Trump’s statement about the “good meeting” between the largest economists.
Donald Trump says that the United States and China held a good meeting
in Social truthTrump stated that they had a very good meeting with China on May 10 in Switzerland. He also indicated that they discussed many things and agreed to several things. He added that both sides negotiated the complete resets in a “friendly, but constructive” way.
The president also mentioned that he wants to see China open to American actions for China and the United States. Donald Trump once again confirmed that they made great progress.
His statement comes just as Coingape stated that the first round of the China -American commercial talks ended without an official announcement of an agreement. As a result, both sides are planning to continue commercial talks on May 11, with US Treasury Secretary Scott Besent and American Commercial Representative, Jameson Jarir, leadership discussions of the Americans.
It should be noted that the price of bitcoin has increased beyond the resistance of $ 104,000 after Trump’s statement. The President’s statement undoubtedly provides optimism that the United States and China can soon reach an agreement, which will be optimistic about BTC and other encryption assets.
Market expert and head of the ETF store, Nate Geraci, commented on the BTC price after Donald Trump’s statement. He pointed out that Bitcoin pays the price level of $ 105,000 and can soon run at its highest level.
In line with this, he mentioned that the main encryption performance is undoubtedly on the radar of institutional and dedicated investor. The expert added that he is very interested in watching ETF flows for Bitcoin over the next few weeks, which may be great.
The BTC price can soon reach the new ATH
Crypto Titan of Crypto analyst suggested that the BTC price may soon reach the new ATH statement. In X Publication, he stated that the Bitcoin Bullish intersection occurs. The analyst added that MACD fluctuated on the weekly chart.
Titan of Crypto also revealed that the BTC momentum turns, which can be the beginning of a greater step. His accompanying scheme showed that bitcoin price can exceed $ 135,000 in this step.
The paint market analyst also indicated that the BTC raised to $ 120,000 may be imminent. Based on the analysis, the collapse of more than 105,000 dollars can ignite a range between 112,000 and 120,000 dollars.
Boluwatife Adeyemi
Boluwatife Adeyemi is a writer and editor of encryption news that covered topics that exceed many topics and ports. Boluwatife has a talent to simplify the most technical concepts and make it easy for the novice encoded. Away from writing, he is a fan of thirsty basketball, traveler and part -time.
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