Bitcoin Primed to Shatter $109K Record as U.S.-China Trade Deal Drops and Inflation Data Looms

BTCC / BTCC Square / Coindesk /

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2025-05-12 04:29:15

Bitcoin Eyes Record High Above $109K as U.S Reaches Trade Deal with China, Inflation Data Looms

Wall Street’s favorite volatility engine—Bitcoin—is gearing up for a potential moonshot. With the U.S. and China finally shaking hands on a trade deal (only five years late), macro winds are shifting. Meanwhile, inflation data creeps in like an uninvited guest at a bull market party.

Traders are stacking sats ahead of what could be Bitcoin’s most audacious price discovery yet. The $109K target isn’t just hopium—it’s the line in the sand where crypto degens and institutional ’risk managers’ suddenly find common ground.

Of course, no rally would be complete without traditional finance scrambling to take credit. Watch for bank analysts to suddenly ’discover’ Bitcoin’s store-of-value narrative—right as their clients FOMO in at all-time highs.

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