- Bitcoin nears $110K as US-China tariff truce boosts investor confidence and reignites demand across risk assets including crypto.
- The 90-day tariff rollback fuels bullish sentiment, with Arthur Hayes urging traders to buy as Bitcoin enters a new uptrend phase.
- Technical signals confirm BTC’s bullish continuation while global trade optimism strengthens the crypto market’s upward momentum.
Bitcoin surged toward the $110,000 mark as investors cheered the 90-day tariff rollback deal between the US and China. The agreement slashes tariffs —down from 145% to 30% on Chinese imports and from 125% to 10% on American goods. This temporary reprieve marks a key de-escalation in global trade tensions, prompting a wave of renewed confidence in risk assets. The crypto market reacted swiftly, with bullish sentiment intensifying across major digital assets. Arthur Hayes, BitMEX co-founder, urged traders to “buy everything,” highlighting the deal’s broad market impact.
Moreover, this 90-day window offers a unique chance for both nations to negotiate deeper economic alignment. The agreement is a catalyst for increased trade activity and stronger investor optimism. With the official tariff rollback deadline of May 14 fast approaching, traders expect heightened market volatility. Should both governments implement the reductions on time, Bitcoin could break above $110,000 rapidly.
Positive Sentiment Fuels Crypto Momentum
Besides boosting equities, the trade news has reignited risk appetite across the crypto sector. Hayes’ bold statement reflects widespread bullishness in Bitcoin, altcoins, and risk-linked sectors. The potential for tariff-free trading over the next three months adds confidence to capital inflows. Additionally, this period offers traders a buffer from macroeconomic shocks. Consequently, it reduces uncertainty in financial markets—especially for volatile assets like cryptocurrencies.
Furthermore, Bitcoin’s strong price structure continues to validate the bullish case. Analyst Gert van Lagen noted that BTC has now entered “Stage 2.4: Trend Continuation.” This technical signal suggests further upward momentum, supported by consistent weekly closes above $109,400. If this trend holds, bulls may target new all-time highs soon.
Structural Cycle Suggests Rally May Not Be Over
According to van Lagen’s detailed market cycle, Bitcoin’s price remains in a bullish trend continuation phase. Previously, the market underwent structured accumulation, followed by sharp breakouts and renewed momentum. The current stage—2.4—mirrors the earlier uptrend sequence seen in Stage 1.4.
Source: Gert Van Lagen
The structural invalidation occurs only if Bitcoin closes below $79,000 on the weekly timeframe. Hence, the technical outlook remains favorable as long as BTC stays above that key level. Additionally, the ongoing bullish cycle aligns with fundamental optimism tied to global trade de-escalation.
