The cryptocurrency has regained the level of 110 thousand dollars, indicating a strong recovery after its decline over the weekend due to geopolitical tensions. This recovery was bolstered by President Trump's decision to postpone tariffs on the European Union until July 9, contributing to the stabilization of global markets.
📊 Key Market Events:
- Liquidations of long positions exceeded 500 million dollars during the drop to 108.6 thousand dollars.
- Alternative cryptocurrencies like ADA and DOGE led the recovery, rising by 3%.
- Options data showed a bullish trend, with traders acquiring Bitcoin buy orders worth 130 thousand dollars in September.
- Pre-sales of Bitcoin Baby surpassed 11.3 million dollars, benefiting from a wave of optimism.
🔥 Analysts are now expecting the price to reach 115 thousand dollars as the next target, citing institutional demand, ETF inflows, and a strong technical rebound from key trend lines.
