$BTC

The momentum this week cannot be explained by a single cause, but by a combination of factors: the ambiguous speech of the Federal Reserve Chairman, Jerome Powell, who did not provide definitions regarding interest rates (but did not close the door to potential cuts this year); the signing of a trade agreement between the United States and the United Kingdom; and the expectation of a possible breakthrough in negotiations between the United States and China, scheduled for this weekend.

Everything seems to indicate that the market is anticipating something big. If the talks between the United States and China achieve even a preliminary agreement to de-escalate the "tariff war," bitcoin could soar towards the area close to $110,000 (where it would likely encounter strong resistance). In fact, it is precisely this trade "war" that has kept BTC stagnant in recent months.

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