Bitcoin is drifting below 106,000 USD amid rising caution due to imminent US-China trade negotiations. Key players like MetaPlanet and The Blockchain Group are set to boost their BTC positions, aiming for confidence despite potential market volatility.
The upcoming US-China trade discussions are crucial, especially after previous talks led to slight tariff reductions. Investor caution is prevalent as allegations of agreement violations loom, prompting potential sell-offs before increased volatility.
MetaPlanet aims for 210,000 BTC by 2027, while other firms echo similar optimism. However, BTC is at risk of dipping below 105,000 USD, but a bullish surge above 106,794 USD could signify a move towards its all-time high of 111,980 USD.
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