Bitcoin (BTC) is poised for a potential rally toward $150,000, following a groundbreaking
agreement between the United States and China to significantly reduce tariffs on each other’s goods. This development has reignited investor confidence across global financial markets, fueling bullish sentiment in both traditional and digital assets.US-China Tariff Relief Boosts Risk Appetite
After years of economic tension, the U.S. and China announced a mutual agreement to roll back a series of tariffs that had been in place since the height of the trade war. Theagreement is set to remove over $300 billion worth of duties, aiming to stabilize trade relations and stimulate global economic activity. The announcement sent global equity markets higher, with the S&P 500 and Nasdaq hitting fresh record highs. Commodities and risk-on assets also surged—Bitcoin, often viewed as a hedge against geopolitical uncertainty and a beneficiary of monetary easing, responded with a swift price rebound, breaking above key resistance levels near $70,000.
Analysts Forecast $150K Target for Bitcoin
Crypto analysts are increasingly confident in Bitcoin’s medium-term bullish outlook. Several major institutions now anticipate a breakout toward $150,000, driven by a combination of macroeconomic and technical factors:
- Improved Global Liquidity: The easing of trade tensions is expected to result in looser monetary conditions globally, which historically benefits digital assets like Bitcoin.
- Renewed Institutional Interest: With equity markets rallying and uncertainty declining, institutions are once again allocating capital to alternative assets, including cryptocurrencies.
- Bullish Chart Structure: Bitcoin recently confirmed a breakout from a multi-week consolidation pattern. Analysts note that the next major resistance is not until the $100,000–$150,000 zone.
“Bitcoin is entering a phase of price discovery once again, ” said James Liu, senior strategist at BlockWave Capital.
“The U.S. -China tariff rollback acts as a macro tailwind, removing one of the major uncertainties that has weighed on investor sentiment.
May 12, 2025