$BTC $BTC This Tuesday morning (13), Bitcoin (BTC) is priced at around $103,000, after a correction of approximately 2% last Monday (12). The main cryptocurrencies in the world are also retreating today, in a price adjustment movement.
In the traditional market, Asian stock exchanges closed without a single signal. The European market is up, while Wall Street futures are operating lower this morning.
Risk appetite has increased due to the announcement of an agreement between the United States and China to ease trade tensions.
However, investors are awaiting signals not only of relief but of the end of the trade war, which is expected to remain in focus until a definitive announcement.
For today, investors are awaiting the release of the CPI, the inflation index of the United States, scheduled for this morning.
Bitcoin ($BTC ) rises again
According to Guilherme Prado, country manager of Bitget in Brazil, Bitcoin is in a decisive technical zone, with the market closely watching the release of the U.S. CPI.
"Maintaining support at $103,000 could serve as a base for a new upward 'leg', aiming for $107,500 and even $110,000. On the other hand, the inability to break through $105,000 with strength could open space for a sharper correction, especially if there is increased selling pressure," comments Prado.
"With the crypto market capitalization retreating by $43 billion amid geopolitical tensions and protocol failures, the scenario remains unstable and dependent on clear macroeconomic signals."
It is worth remembering that the suspension of the trade war between the U.S. and China is expected to last only 90 days, which will require new agreements in the future. Investors remain attentive to the unfolding of negotiations.