Bitcoin has seen a notable increase in recent weeks, supported by several factors:

1. Improvement in trade relations between the United States and China: The recent agreement between the two countries to lower tariffs for 90 days has contributed to boosting investors' risk appetite, leading to a rise in digital asset prices.

2. Increased interest from institutional investors: A strategic company purchased 13,390 Bitcoins worth approximately $1.34 billion, reflecting institutional confidence in the market.

3. Technical forecasts: Analyses indicate the possibility of Bitcoin reaching new record levels, with expectations of hitting $110,000 if the positive momentum continues.

Future Predictions

With the continuation of positive factors, some analysts expect Bitcoin to continue its rise, targeting levels between $110,000 and $112,000 in the near term. However, investors should exercise caution, especially with the upcoming release of the Consumer Price Index (CPI) data on May 13, which may affect market trends.