Bitcoin is back in the spotlight, and this time, it's not just crypto hype fueling the fire. Following a 90-day tariff truce between the United States and China, Bitcoin surged past the $100K mark once again. The question on everyone's mind: how high can it go now?

Quick Snapshot of Bitcoin’s Latest Surge

  • Current Price: $103,682 (first time above $100K since February)

  • Weekly Growth: +10.56% in just 7 days

  • Yearly Performance: Up 65% over the past 12 months

  • Short-Term Dip: Down 0.18% in the last 24 hours

Trade Truce Fuels Bitcoin’s Rise

The recent China-U.S. trade agreement, a 90-day pause on new tariffs, has lit a fire under Bitcoin. Here's why it matters:

  • Tariffs have historically weighed on investor confidence in crypto markets.

  • With a pause in place, there’s less friction and more capital flowing into BTC.

  • As a result, Bitcoin quickly surged to $103,682 and could be on track to test all-time highs.

BTC/USD: Where Do We Go From Here?

  • The all-time high of $109,114 is within striking distance.

  • If bullish momentum continues, a break above this level could lead to a rapid climb.

  • Investors are watching closely to see if this is a temporary spike or a true breakout.

Bitcoin Price Predictions: Short-Term & Long-Term

  • Short-Term Outlook:

    • Bitcoin could hit $120K before the 90-day pause ends.

    • Whales like MicroStrategy may continue to push momentum upward.

    • But… cautious investors may take profits early, fearing tariffs may return.

  • End-of-Year Forecast:

    • If trade tensions ease further and U.S. policies soften, $150K by year-end is in play.

    • Much depends on the Federal Reserve’s upcoming interest rate cut, expected in June or July, which could act as another bullish catalyst.

What’s Holding BTC Back?

Despite strong momentum, a few caution flags remain:

  • Tariff uncertainty: If trade talks fail, investor sentiment could quickly reverse.

  • Profit-taking: Some investors may exit early to lock in recent gains.

  • Hype fatigue: The initial excitement from the trade news is already starting to cool, as shown by the 0.18% dip in the last 24 hours.

Final Thoughts

Bitcoin’s latest rally is fueled by more than market speculation, it's driven by real geopolitical developments. But whether it breaks through to $120K or even $150K depends heavily on how the next 90 days unfold.

Investors should watch:

  • Trade negotiations

  • Federal interest rate decisions

  • Market sentiment from large institutional players

#BitcoinSurge #CryptoMarket #BTCForecast

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📢Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your research before making investment decisions.