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2025-05-10
23:27
Bitcoin Price Nears $105K: Trade Deal Hopes and Shipping Data Signal Bullish Momentum

According to Skew Δ, Bitcoin ($BTC) is approaching the $105,000 level, driven by renewed optimism following former President Trump's comments on a possible trade path forward between the US and China (source: Skew Δ on Twitter, May 10, 2025). Shipping data reveals a brief spike in container volume, indicating that market insiders may be positioning ahead of potential trade developments. For traders, this combination of macroeconomic headlines and on-chain signals suggests increased bullish momentum for Bitcoin, with the crypto market closely tracking both US-China trade negotiations and real-world economic activity.

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