Bitcoin Price Under Pressure Amid US-China Talks and Inflation Jitters

Bitcoin’s price action remains in a state of flux as bullish sentiment struggles against the influence of geopolitical events like US-China trade talks and upcoming inflation data. Traders are closely watching these macroeconomic factors while Bitcoin holds near $105,629. Investors are also adjusting their positions based on seasonality effects, following last week’s unfavorable economic data that impacted the crypto market.