BITCOIN EYES RECORD HIGH ABOVE $109K AS U.S REACHES TRADE DEAL WITH CHINA, INFLATION DATA LOOMS!

Bitcoin is currently trading at $104,344.40, close to its recent high of $105,819.45. The cryptocurrency's market capitalization stands at $2.05 trillion. With the current price, Bitcoin is just a step away from reaching its all-time high of $109,500.

Key Factors Influencing Bitcoin's Price:

Trade Deal Between the U.S. and China: A potential trade deal could boost investor confidence and drive Bitcoin's price upward.

Inflation Data: Upcoming inflation data could impact Bitcoin's price, as investors closely watch economic indicators to gauge the cryptocurrency's potential.

Market Sentiment: The Crypto Fear & Greed Index has increased, indicating growing "greed" among investors and suggesting a potential price surge .

Expert Predictions:

$109,000 Target: Analysts predict Bitcoin could reach $109,000, driven by a crucial breakout above key resistance levels.

$180,000 and Beyond: Some experts forecast Bitcoin's price could surge to $180,000 or even $1 million in the long term, citing factors like institutional adoption and growing government accumulation.

$300,000 Call Option: A bold prediction suggests Bitcoin could reach $300,000 by June 2025, driven by pro-crypto policy shifts, supply squeeze post-halving, and institutional momentum.#NewsTrade #BTCBackto100K #TRUMP $BTC $TRUMP