- July 7, 2025
- Posted by: admin
- Category: BitCoin, Blockchain, Cryptocurrency, Investments
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Traders are unwinding their bearish positions as Bitcoin holds strong, fueling optimism for a potential breakout to $120,000.
Key takeaways:
Bitcoin derivatives show reduced demand for downside protection, suggesting renewed investor confidence.
US import tariff hikes on Japan and South Korea intensified recession fears, boosting Bitcoin’s appeal as a hedge.
