#BTCReclaims110K
reclaimed the $110K mark, signaling a strong bounce after a weekend dip triggered by geopolitical tensions. The recovery was fueled by President Trump’s decision to delay EU tariffs until July 9, which helped stabilize global markets.
📊 Market Highlights:
- Over $500M in long liquidations occurred during the drop to $108.6K.
- Altcoins like ADA and DOGE led the rebound, gaining up to 3%.
- Options data shows bullish sentiment, with traders picking up September $130K BTC calls.
- Bitcoin Pepe’s presale surged past $11.3M, riding the wave of optimism.
🔥 Analysts now eye $115K as the next target, citing institutional demand, ETF inflows, and a strong technical bounce off major trendlines