In a surprise breakthrough, the United States and China have agreed to a 90-day truce in their heated trade war, slashing tariffs by over 100 percentage points and signaling a renewed commitment to balanced trade.
In a surprise breakthrough, the United States and China have agreed to a 90-day truce in their heated trade war, slashing tariffs by over 100 percentage points and signaling a renewed commitment to balanced trade.
The announcement, made by US Treasury Secretary Scott Bessent in Geneva after weekend talks, sent shockwaves through global markets, lifting equities and pushing the dollar higher.
Meanwhile, PlanB, the widely followed Bitcoin analyst and creator of the Stock-to-Flow (S2F) model, projected a sky-high target of $400,000, citing the macro tailwinds and BTC’s current bullish structure.
For months, escalating trade tensions between the US and China had investors bracing for economic fallout. Since returning to the office, President Trump has imposed tariffs of up to 145% on Chinese goods, while Beijing retaliated with 125% duties and rare earth export curbs.
The deal brokered in Geneva effectively cools tensions with both sides agreeing to a baseline tariff of 10%.
Bitcoin Price Action: Bull Flag Points to Higher Highs
On the technical side, Bitcoin continues to validate the bullish thesis. As shown in the daily BTC/USDT chart, a classic bull flag breakout occurred above the $92,000 consolidation zone, followed by strong volume-backed green candles.
Bitcoin is currently trading around $104,380, having rallied sharply from April lows near $67,000. The measured move from the bull flag pattern projects a near-term price target of $120,000–$125,000.
Source: TradingView
On the other hand, the MACD is in a strong uptrend, with the MACD line well above the signal line and histogram bars widening a bullish continuation signal.
The RSI (Relative Strength Index) sits at 74.6, which is technically overbought, suggesting the possibility of a short-term pullback or consolidation before further upside. Still, bull markets often stay overbought for extended periods.
A dip toward the $100,000–$98,000 range could be a healthy retest zone before another leg up.
BTC Bull Raises $5.6M amid Bitcoin’s Rally
Capitalizing on the rising Bitcoin prices, BTC Bull ($BTCBULL) is generating significant buzz as a meme coin with a compelling utility model centered around real BTC airdrops at predetermined price milestones, commencing at $150,000 and continuing up to $1 million.
$BTCBULL incorporates a deflationary token burn mechanism that activates once Bitcoin reaches $125,000 and at subsequent $50,000 increments. This feature aims to increase the scarcity of $BTCBULL as Bitcoin rallies.
The project has already raised a massive $5.6 million in its ongoing presale with only 15 minutes until the next price increase. Currently priced at $0.002505, the token offers a staking option with a dynamic APY that has reached over 73%.
Source: BTC Bull Token
With growing communities on X (formerly Twitter) and Telegram, BTC Bull is capturing attention as a project designed to reward holders. To participate, simply visit the BTC Bull website and connect a supported wallet, like the Best Wallet.
Swap crypto or use a card to buy $BTCBULL.
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