#Binance

WARNING: How high can the price go? A technical analyst and partner trader at Ripio stated that if there is no profit-taking now, the price of #Bitcoin could reach even higher levels in the short term, in the value areas of US$ 108.200 and US$ 112.800 – that is, above the historical high of US$ 109 thousand, recorded in January of this year. However, if a correction occurs, the price of the crypto could retreat to support levels in the liquidity regions of US$ 101.300 and US$ 91.900.

Last week – therefore, before the agreement between the USA and China – the people at Standard Chartered suggested that Bitcoin could hit US$ 120 thousand still in the second quarter of this year, especially due to the tariff scenario. BTC “has become a positioning method for strategic asset reallocation away from the assets of #EUA ,” wrote Geoffrey Kendrick, who leads the digital assets area of the British bank