📉 $BTC slight adjustment following news of the US-China agreement 🇺🇸🇨🇳
Right after the information about the new trade agreement between the US and China was announced, the financial market reacted quite positively, while BTC experienced a slight adjustment around $107,800.
👉 The market expects the agreement to somewhat ease geopolitical tensions, leading to a reduction in capital flows from safe-haven assets like Bitcoin.
🎯 Nevertheless, this is still a slight adjustment within a larger trend, and many traders see this as a cooling period after a recent hot streak.
🧐 Continue to monitor further macro responses & moves from the FED next week!
