$BTC

Bitcoin Price Forecast: BTC at Risk of Losing $105,000 as Market Focuses on US-China Trade Negotiations

Bitcoin is trading below $106,000 as the market becomes cautious ahead of the second round of trade negotiations between China and the US.

Leading companies, such as Strategy, Metaplanet, and The Blockchain Group, have recently announced plans to increase their BTC holdings.

Beyond the US-China trade negotiations, US CPI data and inflation expectations are key catalysts this week.

Bitcoin (BTC) is struggling to stay above $105,000 due to selling pressure near the seven-day high of $106,794, amid rising interest ahead of the second US-China trade negotiations to discuss tariffs and the future of the trade deal. Negotiations will take place in London between US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng on Monday.

In addition to the increasing uncertainty in the global market and cryptocurrencies ahead of the meeting, US CPI data on Wednesday and US inflation expectations data on Friday will also be a concern for investors this week.