#Binance
ATTENTION: Bitcoin may soon renew its price record; analysts point out!📝📊📈😎💪
Cryptocurrency rose after tariff agreement between the US and China, approaching the highest price since January.
Bitcoin (BTC) surpassed $105,000 for the first time since January on Monday (12), driven by the agreement to reduce tariffs signed by the US and China. On Tuesday (13), after some traders took profits, the crypto registered a slight decline, returning to the range of $104,000.
The question remains: is there a chance for the digital asset to surpass its all-time high of $109,000 in the coming days?
Yes, according to analysts. Four main factors could drive the crypto to new heights: global increase in risk tolerance, decline in interest rates in the United States, influx of institutional investors, and the historical appreciation of the asset after the halving - an event that occurs every four years and halves the new issuance of the cryptocurrency. #btc #EUA #china