Buyers Take Control: Indicator That Predicted Previous Bitcoin Rallies Fires Again

Bitcoin has been able to climb above the $104,000 level, following a notable double-digit increase over the past week. At the time of writing, BTC trades at $104,271, narrowing the gap to its all-time high of $109,000. This recent price surge is not occurring in isolation. Instead, it appears closely tied to broader macroeconomic developments, most notably, the recent easing of trade tensions between the US and China, with both countries reducing tariffs on certain imports and exports source: https://www.newsbtc.com/bitcoin-news/buyers-take-control-indicator-that-predicted-previous-bitcoin-rallies-fires-again/