Bitcoin Eyes New ATH Before July 9 US Trade Tariff Deadline

Bitcoin could set a new record this week, with all eyes trained on Wednesday at the United States store on Wednesday, which could unlock the risk of appetite, along with the upcoming “crypto week” in the capital of the country.

“Bitcoins are likely to create a new maximum this week or another new,” said research leader on 10x Research, Markus Thielen.

He added that after 4 July 4. Seasonality “It tends to be bull and markets largely crossed the risks related to the customs manner.”

9 July is a term when a 90 -day pause in the US mutual tariffs ends.

“If the US put aside tariffs again, markets could interpret it as unwillingness to implement them and promote appetite,” said Global Wealth Management UBS in note, note, note, according to to Wall Street Journal.

“It looks like Bitcoin is preparing to be awake,” agreed John Bollinger, inventor of the Bollinger Bands technical trading indicators on Sunday.

Bitcoin (BTC) Prices were only 2% since their 22 May High-Time High, shortly to the top of $ 109,500 on Monday trading.

Volatile week ahead

“It is likely to be a volatile week,” said Caintelegraph, the Chief Investment Director of Apollo Capital, Henrik Andersson.

“We believe there is a great chance that the US will sign a framework agreement with the EU this week,” he added.

Andersson also mentioned that Elon Musk had just Bitcoin mentioned On x, “as it seems to be re -heating to asset.”

“Any volatility of the disadvantage this week could be a good opportunity to buy before the next week that was marked as”Crypto week“In [Washington] DC, ”he concluded.

Markets already collect

The traders were previously concerned about the volatility leading to the dates of the tariffs of July 9.

“It seems that the markets are gathering after it has been revealed that the country will have more time to negotiate than tariffs will be reflected in early August,” Caintegraph said, “If we see good numbers on Tuesday, then the markets will continue to continue.”

Crypto markets have won more than $ 50 billion in total capitalization in the last 24 hours after a relatively flat weekend according to It’s Coingecko.

Altcoin potential of the season

Meanwhile, Nick Ruck, director of LVRG Research, said Cointlelegraph that traders can “look for altcoins for the potential up, because the second half of this year is expected for higher volatility and overvoltage in digital assets”.

“We expect Bitcoin to enter a new zone of discovery prizes as soon as it overcomes its historic high time,”

Eugene Cheung, Chief Sales Director on Digital Assets, said Cainelegraph: “We are optimistic that more investors will look for bitcoins and ethereum to escape macro volatility and potential inflation is increasing because the Fed signaling this year reduces interest rates.”

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