Bitcoin fluctuated wildly at the Wall Street open, with bulls pushing the price to $116,000 as opinions diverged over the next move in BTC.

Bitcoin put in a lower high while consolidating gains as favorable RSI signals combined with an expected Federal Reserve interest-rate cut.

Bitcoin rebounded to $116,000, but traders were nervous about the bull market even while stocks soared on news of a likely US-China trade deal.

Bitcoin price action favored bulls as the weekly close neared, with BTC nearing $113,000 ahead of a key week for the Federal Reserve.

Bitcoin flipped volatile as CPI data came in lower than expected, but failed to follow stocks as they hit fresh all-time highs on Fed rate-cut optimism.