The price of BTC again monitors the breakthrough at the top of the new all time (ATHS). This time, a potential agreement between the US and China seems to be a catalyst in the ongoing trade war talks. The flagship crypto was blown by $ 104,000 after Donald Trump's statement about the “good meeting” of the two largest economy.
Donald Trump says the US and Chinese had a good meeting
A Social post of truthTrump claimed that they had a very good meeting with China on May 10 in Switzerland. In addition, he noted that they discussed many things and agreed to many things. He added that both sides had a “friendly but constructive way” negotiations.
The President also mentioned that he wanted China to open up to the American business for both China and the US. Donald Trump again confirmed that they had made great progress.
His statement comes just when Coingape announced that the first round of US trade talks in the US was terminated without the official announcement of the Agreement. As a result, both sides are planning to continue commercial disclosures on May 11, together with US Treasury Secretary Scott Besent and US trade representative Jamieson Gren with Americans.
It is worth noting that the price of Bitcoin rose by the $ 104,000 resistance following Trump's statement. The President's statement undoubtedly gives optimism that the US and China could soon reach an agreement, which would be bullish for BTC and other cryptocurrencies.
After Donald Trump's statement, the ETF's market expert and President Nate Geraci also commented. He noted that Bitcoin pushes $ 105,000 to the price level and could soon run at the highest level of all time.
In accordance with this, he stated that the performance of the flagship crypto is undoubtedly the radar of institutional investors and separators. The expert added that he was very interested in tracking the Spot Bitcoin ETF streams over the next several weeks, which could be significant.
BTC Price could soon hit a new ATH
Crypto analyst Titan of Crypto has recommended that the price of BTC may soon reach a new ATH Donald Trump statement. In the X post, he announced that the Bitcoin bullish crossover would take place. The analyst added that Macs slide a bullish on a weekly chart.
Crypto Titan also revealed that the BTC momentum is shifting, which may be the beginning of a bigger move. His accompanying chart showed that the price of bitcoin could rise to $ 135,000 in this move.
The Coingape Market Analyst also showed that the BTC rally may have been soon. Based on the analysis, the breakthrough can exceed $ 105,000 to the $ 112,000 to 20,000 rally.
Boluwatife Adeyem
Boluwatife Adeyem is a well -experienced writer and editor of cryptocurrency news, who has included topics that created a number of topics and niches. Boluwatife has some of the most technical concepts to simplify and crypto for beginners. Away from writing, he is an eager basketball friend, a traveler and a part -time degene.
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