$100K or $125K? Crypto Analysts Split on Bitcoin Price Prediction Despite U.S.–China Trade Deal

Bitcoin price held firm above $110,700 on Sunday, November 2, showing resilience after a brief surge past the $110K mark. Analysts remain divided on whether the next target will be $100K or $125K. The recent U.S.-China trade agreement cured tensions in the global market, spurring hope in risk assets. The same temporary boost boosted the mood of other large cryptocurrencies, such as Ethereum, Solana, and Cardano, which are on the verge of stable recoveries.

US–China Trade Deal Nears Finalization After Trump–Xi Meeting

U.S. Treasury Secretary Scott Bessent has reassured that a trade agreement between U.S and China is expected to be signed within a week. The announcement comes after the meeting of President Donald Trump with Chinese President Xi Jinping that was truly great on Thursday.

The situation between the two countries intensified earlier this month when China limited the exports of rare earth minerals. China used the U.S. rise in tariffs and additional maritime charges as the cause of its retaliation step. The tussle shook the world markets and caused the biggest sell-off in the history of cryptocurrency.

The conflict beginning with the tariff on Chinese imports started because President Trump first introduced an additional tariff of 10% on imports conducted by China in February. He has said that it was done because of the alleged inability of China to stop the export of fentanyl-related chemicals.

Despite the fact that the new negotiations are a positive step, the agreement will be able to undo only part of the harm done to the economy by the lengthy stalemate. The prospective sustainability of the U.S.-China trade relations is unclear, though both sides have been optimistic.

Analyst Predicts BTC Price To Hit $115,000.

Crypto analyst suggests that Bitcoin price is currently shaping a symmetrical triangle pattern, signaling potential volatility ahead. As per the analysis, the cryptocurrency could face a temporary fall to test the support level of $107,500 and then make another attempt to grow upwards.

The analyst singles out and presents a critical resistance zone of $115,000 as the most important asset that may shape the next overall direction of Bitcoin. In case the triangle pattern is maintained, traders can anticipate trading within this range and then have a potential breakout.

Is Bitcoin Price Set for $100K or $125K

As of the writing, the BTC price trades around $110,489, marking a 0.20% in the last 24-hours.  The Relative Strength Index (RSI) is close to 50, indicating neutral momentum. It implies that neither buyers nor sellers control the market. 

The MACD indicator indicates a small bullish crossover, as the blue signal line changes its direction and becomes upward. The histogram also shifts into the positive area, showing disappearing bearish pressure.

To continue to ride the bullish market, the long term Bitcoin price forecast must stay above $110,000. An established breakout of over $115,000 can create a push up to $120,000 and then to $125,000. However, a decline below $110,000 might bring out selling pressure, which would pull BTC to as low as $105,000 or $100,000.

The future of Bitcoin is uncertain as traders weigh hopefulness relating to the U.S.-China trade agreement to market cynicism. The advantages of the existing momentum can be extended, although any indication of weakness would introduce new selling pressure and serve as a challenge of investor confidence.