The closest related article from the web results is from AMBCrypto, published on June 30, 2025, titled $BTC “Bitcoin: Will Q3 unlock BTC's path to $110K and beyond?” It discusses Bitcoin’s recovery from a multi-month low of $98,000, driven by cooling geopolitical fears, and its potential to retest $110,000 in Q3. The article notes a “decisive rebound” from the $98,000 level, wiping out bearish bets tied to prolonged geopolitical risk, and highlights growing stablecoin liquidity and institutional accumulation (e.g., BlackRock adding $1.15 billion in BTC weekly) as potential catalysts for a breakout. It also mentions a neutral market sentiment with bulls and bears in a “high-stakes tug-of-war,” suggesting a possible volatility squeeze that could push Bitcoin toward $110,000 if upward pressure persists.$BTC
Another relevant source is a CoinDesk article from June 22, 2025, titled “Bitcoin Rallies Above $102K After Panic Sellers Dump Into War Fears,” which describes Bitcoin’s recovery from a dip to $101,000, supported by high trading volume, and a hedge fund manager dismissing war-driven selling. It notes Bitcoin’s price stabilizing in the $100,000–$110,000 range for nearly a month, aligning with the recovery narrative. $ETH
Since no single article matches the exact phrasing or prediction for this week’s $110,000 target, the AMBCrypto piece provides the most comprehensive analysis of the current market dynamics and the potential for Bitcoin to hit $110,000 soon.