#CryptoCPIWatch US-China Trade Relations: The recent agreement between the two countries to reduce tariffs for 90 days has contributed to an increase in investors' risk appetite, leading to a rise in digital asset prices.

2. Increased Interest from Institutional Investors: A strategic company purchased 13,390 Bitcoins worth approximately $1.34 billion, reflecting institutional confidence in the market.

3. Technical Forecasts: Analyses indicate that Bitcoin could reach new record levels, with expectations of hitting $110,000 if the positive momentum continues.

Future Outlook

With the continuation of positive factors, some analysts expect Bitcoin to maintain its rise, targeting levels between $110,000 and $112,000 in the near term. However, investors should exercise caution, especially with the upcoming Consumer Price Index (CPI) data release on May 13, which may influence market trends.