Bitcoin all-time high cues come as US-China deal sends DXY to 1-month high

Key points: Bitcoin seeks consolidation after rapid gains as stocks and the US dollar surge on US-China trade deal news. Nearby order book liquidity forms potential targets for traders, which now include $102,000. A classic moving average retest suggests that a new all-time high should result. Bitcoin (BTC) stuck to $104,000 at the May 12 Wall Street open as markets shifted on US-China trade deal news. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin surfs US-China trade deal reac...