Bitcoin (BTC) Breaks $105,000 After US-China Negotiations Restart!
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BOOM! Bitcoin just surpassed the $105,000 mark on May 12, 2025, breaking through thanks to the US-China restarting trade negotiations, reducing tariffs for 90 days!
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What's hot?
The US lowered tariffs from 145% to 30%, China reduced from 125% to 10%, causing the market to explode! S&P 500 futures rose 2.8%.
Bullish sentiment dominates: the Long/Short BTC ratio exceeds 1, call options surge!
The "bull flag" pattern predicts BTC could hit $150,000 if it breaks $110,000!
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Be careful!
Resistance at $105,000-$110,000 is strong, prices fluctuate around $101,500-$104,000.
If it loses support at $100,000, BTC could drop to $98,000. The market is "too hot"!
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Golden opportunity? US-China negotiations and Trump's Bitcoin reserve plan are driving BTC higher. Ready to "buy-the-dip" yet? Stay tuned!
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