Bitcoin Price Prediction: Can Strong Demand Push BTC Beyond $107K This Week?

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During the early Asian session, Bitcoin is trading around $104,800, gaining nearly 2.50% in 24 hours, despite stronger-than-expected U.S. job data tempering rate cut hopes. The U.S. added 139,000 jobs in May, beating the forecast of 125,000, which suggests the economy remains resilient and gives the Federal Reserve less reason to ease monetary policy. Despite that, former President Donald Trump continued his push for looser policy. Shifting focus from Elon Musk to Fed Chair Jerome Powell, Trump ...