Bitcoin leakage fuel destination $ 106,000 to China Tariff News

Key knowledge:

• Dealers suspect that insider activities are suspected before the tariff announcement in China.
• MacD Weekly Crossover points to the renewed Bitcoin upward trend.
• Despite the Bitcoin price, the retail interest remains low.

Bitcoin (BTC) acted just over $ 104,000 on May 12th and was narrowly missing an outbreak after the dealers had played price campaigns with price campaigns during the collective agreement in the USA before the announcement. The move, which started about an hour before the official news, added long -term concerns about market leaks.

BTC gathered by 9.9% over the week and reached its highest level since the end of January, but could not turn the key resistance near 104,500 US dollars. Analysts said that the rejection could keep the market in consolidation until stronger catalysts occur.

Dealers are moved early before the collective agreement

The popular dealer Daan Crypto Trades wrote on X that “the price ~ 1 hour before the announcement began and called another example of” conscious “price campaigns. “Every tiny bathroom was immediately recorded,” he added, describing the market behavior that pointed out insider knowledge.

He continued: “We see a lot of” conscious “price campaigns that have recently been preceded by the great announcements. Insider/Lecking is real and it is used to act with our markets.”

James Wynn repeated the feeling and warned the followers to expect a sharp volatility. “It is about to be seriously volatile for $ BTC. Sharp Wicks Down, Sharp Wicks Up,” he posted.

The CoingGlass diagrams showed a cluster liquidity of around $ 106,000, whereby BTC/USDT-PERPETUAL Swaps test the upper resistance in the collective agreement on 15-minute time frames.

Bitcoin Weekly MacD crossover flashes rare bullish signal

In the meantime, Trader -Schnurrbart pointed to a weekly bullish frequency in the MacD indicator -one of the most observed momentum tools in crypto.

“Probably the biggest signal that you can get at the moment,” he said to X -Followers and found that the last crossover took place in October 2024. Historical data show that such crosses mark trend reversations or strong continuation phases.

Nevertheless, according to Trader Rekt Capital, BTC was shortly after the weekly conclusion of $ 104,500. He wrote that the price may now have to form a bullish divergence, at which lower price poles match higher low -levels on the RSI.

The hesitation of the retail trade suggests space to run

Despite Bitcoins Push over 100,000 US dollars, the retail interest is steamed. Google Trends' data showed that search volumes for “Bitcoin” for five years-even with the BTC trade over six numbers.

Vijay Selvam, author of Principles of Bitcoin, summarized: “Google is looking for 'Bitcoin' at almost 5-year deep.

The readings for anxiety and greed index also indicated a reserved enthusiasm. On May 12, the index printed 70/100, lower than the 72/100, which was published during Bitcoin's push to $ 94,000 at the end of April. This can indicate more sustainable profits because fewer traders work against euphoria.

On-chain metrics from Cryptoquant added another layer to the outlook. The participating critical Mevsimi said that 98% of the BTC offer was a profit, a disease that is historically aligned with bull runs in the late stage.

“Long -term owners can see these conditions as a signal for Derisk,” said Mevsimi. “In the meantime, newer participants could interpret this strength as confirmation of persecution.”

The macro uncertainty remains fed to the CPI and the comment

The coming week will bring CPI and PPI data from the USA and increase the chances of sharp fluctuations about crypto and stocks.

While the markets gathered in Chinese tariff resolution, retailers are still waiting for an official statement by President Donald Trump. “This explains why the markets in these otherwise massively optimistic news rose only by ~ 1.3%,” the Koobeissi letter noticed.

The broader mood remains careful, especially since the Federal Reserve holds its current interest rate. CME FEDWATCH data show a probability of reducing interest in June less than 15%, while the likelihood of July is around 50%.

Mosaic Asset said that the recent political explanations of Fed chairman Jerome Powell had not offered a new bullish story. “The Fed can” wait and see “approach how tariffs influence the economy and inflation,” they wrote in the market mosaic.

Since the capital flows between institutional demand and careful retail feelings compensate for, retailers observe exactly on confirmation signals. At the moment, 106,000 US dollars remain the outbreak level, which can be exceeded when the market navigates a volatile week.

Disclaimer

In this article, the views and opinions mentioned by the author or all persons only serve for information purposes. And they do not find the investment, financial or other advice. Trading or investment in cryptocurrency exists with the risk of financial loss.