Bitcoin may surge beyond $150,000 if a U.S.-China trade deal is struck, influenced by rising global liquidity. Trade tensions have created volatility, impacting Bitcoin’s recent price movements. Two scenarios – either a deal or continued tensions – could shape Bitcoin’s trajectory over the coming months.
Bitcoin (BTC) is potentially on the edge of a bullish rally thanks to rising global liquidity and the prospect of a U.S.-China trade agreement. If an agreement materialises, this could lead to increased yuan printing, propelling Bitcoin prices past $150,000 by October. Historical trends indicate that when global liquidity rises, Bitcoin often benefits, suggesting that June could mark the start of a new growth period for the cryptocurrency.