$BTC is trading around $102,860, slightly down today.

A sharp drop from above $106,000 recently triggered approximately $450 million in liquidations .

Retail sentiment has turned especially bearish, reminiscent of market mood during Trump’s “Liberation Day” tariff announcements, though whales continue accumulating .

Analysts highlight several bullish catalysts for summer 2025: increased ETF inflows, macro uncertainties, tightened supply post-halving, and the potential for BTC to reach $130k by August