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Ahmed Barakat
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Bitcoin price rose to a 24-hour high of $81,000, as news of trade between Trump and China pushed Bitcoin towards the most structurally significant resistance in months.
The question now is whether the geopolitical narrative has enough legs to push Bitcoin to the $90,000 level, or whether this move precedes an outcome that has not yet been achieved.
What is the trade between Trump and China that pushes Bitcoin towards $90,000?
The case of President Donald Trump Visit to Chinathe first US presidential trip to the country in nearly a decade, had an immediate impact on the market.
Trump boarded Air Force One with a delegation of more than a dozen US executives, including Tesla’s Elon Musk, Apple’s Tim Cook, BlackRock’s Larry Fink and, confirmed at the last minute on May 13, Nvidia CEO Jensen Huang.
Markets are pricing in a specific scenario: a framework agreement between Trump and Xi Jinping that would ease tariffs on semiconductors and electronics, which peaked at 60% on Chinese goods in late 2025, along with potential deals on rare earths and aviation.
US Treasury Secretary Scott Besent began preparatory talks with Chinese officials in South Korea ahead of the summit, and meetings with Chinese Vice Premier He Feng are scheduled for Wednesday. Successful outcomes could stabilize global supply chains and directly reduce one of the major macro headwinds dampening risk appetite.
Bitwise strategist Juan Leon framed Risks specifically, noting that “the risk of reduced tariffs could unlock $1 trillion of marginal capital for cryptocurrencies.”
In the near term, if the Trump-Xi summit produces an initial trading framework by May 15, Bitcoin’s path to $88K-$90K will open quickly.
If the talks stall, the unraveling of Trump’s trade could be severe. BTC actually fell to $79,832 when the US CPI hit 3.8%, showing how quickly macro data can cut through geopolitical optimism.
Can Bitcoin (BTC) break the $90,000 barrier on the news?
Bitcoin price It is trading above $81,000 after hitting a session high of $81,248, recovering from the low of $79,832 hit earlier when CPI data was disappointing.
The first meaningful resistance group lies at $82,500 to $83,500, an area that has capped multiple recovery attempts over the past two weeks.
Above that, $88,000 to $90,000 is the critical range. The 200-day SMA is in that vicinity, and $90,000 has become a magnet for stop orders and institutional-limit sell-offs.
Clearing $90,000 on above-average volume opens the door to $93,000 to $95,000, the range Bitcoin traded in after the election in November 2024. The SMA-50 at $84,500 needs to turn into support before a clean test of $90,000 becomes structurally sound rather than just a rally.
On the downside, $79,500 to $80,000 is a line that should hold. A daily close below $79,500 breaks the current higher-low structure and reopens the support range of $75,000 to $76,000.
The bullish structure is intact above $80,000, but has not yet been confirmed as a resumption of the trend. This confirmation requires a clean close above $84,500.
There are two external variables at play this week. The expected confirmation of Kevin Warsh as Chairman of the Federal Reserve and the CLARITY Act is scheduled to take place on Thursday. Both are net positives for BTC if they land cleanly. Both can cause fluctuations that reset the setting if it doesn’t.
The chart needs a daily close above $84,500. Everything else is noise until that print.
