Bitcoin (BTC) continues to demonstrate resilience, maintaining stability within the $107,300 to $110,600 range despite heightened market volatility stemming from global economic challenges.
Amid escalating US tariff policies and ongoing trade negotiations, Bitcoin’s perceived appeal as a safe-haven asset has played a role in countering broader geopolitical risk anxieties, contributing to its solid foundation.
Supporting the positive sentiment, the premium on BTC futures contracts rebounded above 5%. This shift signals renewed investor confidence moving away from bearish positions and suggests a more balanced outlook leaning towards potential upside.
Despite persistent risk aversion prevalent across broader financial markets, Bitcoin’s price action remains remarkably stable. This resilience fuels market speculation about the potential for BTC to initiate a rally towards the $120,000 mark.
Market participants are advised to closely track key developments, including regulatory actions, macroeconomic shifts, and global tariff policies, as these factors will be crucial in determining Bitcoin’s future price trajectory.