Quote from: fuguebtc on July 03, 2025, 08:54:34 AM

Quote from: Princess Leah on July 01, 2025, 03:41:36 PM

The market could get better this month if the situation in the middle east cools off, we just need one good news, something like both parties coming to an agreement for peace and stop striking each other, then it could definitely attain $110k and boom to $120k hopefully, that's what we're all wishing for isn't it?

The war situation in the Middle East is not the only factor affecting the market, Trump's tariff war or the Fed's refusal to lower interest rates also have a significant impact. The Middle East news is quieting down but the tariff news is back and as we saw how it affected when Trump decided to impose tariffs.

Trump's tariff moratorium is set to end on July 8, and few countries have reached trade deals with him, so far. So, we need to pay attention to this factor because it has an even more significant impact on the market than the war in the Middle East or any other news.

Whether Bitcoin can hit $120k this month will depend on the outcome of the tariff war, IMO.

though it did hit the 120K threshold on the 14th july! was expecting some more push and to my surprise we are back at the 110 + Zone