Bitcoin Smashes $105K Barrier as U.S.-China Trade Optimism Fuels Rally—Gravity or Moon Next?
Bitcoin’s price rockets past $105,000—its highest level since the 2024 halving—as traders bet on easing tensions between Washington and Beijing. The surge comes amid whispers of a new trade deal that could loosen capital controls (and maybe, just maybe, make traditional finance slightly less obsolete).
Key drivers: Macro whales are rotating into crypto as a hedge against potential dollar weakness, while Asian markets lead the buying frenzy. Derivatives data shows open interest spiking 40% in 24 hours—classic ’FOMO meets leverage’ behavior.
Reality check: The last time BTC hit six figures, it corrected 28% in three weeks. This time, with spot ETFs swallowing 12,000+ BTC monthly and miner reserves at record lows, the floor might be stickier. Or not—this is crypto, where ’irrational exuberance’ is a feature, not a bug.
Wall Street analysts are already revising year-end targets to $150K (right after downgrading them last month). Meanwhile, gold bugs sob into their physical bars.
Bitcoin (BTC/USD) Daily Technical Outlook – May 12, 2025
Bitcoin price prediction remains bullish amid BTC recent breakout above $105,000 signals a potential shift in market momentum. The 50-day Exponential Moving Average (EMA) at $103,818 provided strong support during the consolidation phase, reinforcing bullish sentiment as the price held above this critical level.
The breakout now sets the stage for a potential rally toward the next major resistance at $106,750, with a further upside target at $107,300, aligning closely with the psychological $107,000 mark.
The Moving Average Convergence Divergence (MACD) indicator is also turning bullish, with the histogram expanding and the MACD line crossing above the signal line.
This suggests growing buying pressure, reinforcing the breakout. However, traders should watch for a potential pullback if Bitcoin fails to hold above the $105,000 support.
- Immediate Resistance: $106,750
- Next Resistance: $107,300
- Immediate Support: $105,000
- Next Support: $103,818
- Lower Support: $103,080
Market Risks and Potential Pullbacks; Bitcoin Gains
While the breakout above $105,000 is a positive sign, the market remains vulnerable to downside risks. If bitcoin fails to sustain this momentum, a pullback toward the immediate support at $103,818 is possible.
A breach of this level could expose Bitcoin to a deeper correction toward $103,080, which coincides with a previous support zone and the lower boundary of the recent trading range.
Traders should also keep an eye on the Relative Strength Index (RSI), which is approaching overbought levels, potentially signaling a short-term correction.
BTC Bull Token Crosses $5.58M as Flexible 78% Staking Yield Draws Investors
BTC Bull Token ($BTCBULL) continues to gain traction, crossing $5.58 million in funds raised as it nears its $6.27 million presale cap.
Priced at $0.002505, the token has positioned itself as more than just a meme coin—offering real utility through flexible, high-yield staking.
Utility-Driven Tokenomics Fuel Demand
Unlike typical meme tokens, BTCBULL blends crypto culture appeal with tangible staking rewards. Investors can currently earn an estimated 78% APY while keeping their tokens fully liquid—unstaking is allowed at any time without penalties or lockup periods.
This model has resonated with investors who seek yield without sacrificing access, especially in a volatile crypto environment.
- USDT Raised: $5,581,603.93 of $6,272,266
- Current Price: $0.002505 per BTCBULL
- Staking Pool Total: 1,342,549,903 BTCBULL
- Estimated Yield: 78% annually
With less than $690K left before the next milestone, the presale window is narrowing fast. For investors chasing high yields with exit flexibility, BTCBULL is becoming an increasingly compelling contender in the 2025 crypto cycle.
