Bitcoin’s price has surged past the $94,000 mark, fueled by developments in trade relations between China and the US. This surge follows recent weeks of positive market sentiment driven by improved conditions. Experts predict further gains, with one analyst forecasting a cycle peak of $180,000 by late 2025 or early 2026. Bitcoin’s price has been on an upward trajectory in recent days, breaking above $90,000 on April 22nd. This rise is fueled by continued bullish momentum and positive market sentiment. Notably, the proposed de-escalation of the trade war between the US and China may be impacting Bitcoin’s ascent. US President Donald Trump hinted that tariffs on Chinese goods will decrease significantly but won’t reach zero. The effects of this shift in international trade relations have been beneficial for cryptocurrencies as a whole. Analysts are now predicting further price increases, with some even forecasting Bitcoin to exceed $109,000. Others believe the market is in an early phase of “belief” and might soon enter more exuberant stages like “euphoria,” which could propel prices to new highs. Cas Abbe predicted a potential break above $180,000 by late 2025 or early 2026. Meanwhile, Captain Faibik points to Bitcoin invalidating a falling wedge pattern and indicates the price is poised for a jump to $112,000. The rising demand from institutional investors and the influx of new spot Bitcoin ETFs into the market have also contributed to positive price trends, suggesting sustained growth in the near term. An analysis of Bitcoin exchange netflow suggests that an upward trend will continue in the short term, as outflows surpass inflows. This shift signifies a move away from centralized platforms toward self-custody methods, potentially reducing immediate selling pressure and bolstering further price gains.