Bitcoin could set a new record as early as this week, with all eyes training on Wednesday’s U.S. trade tariff deadlines, which could unlock risk appetite, as well as an upcoming “crypto week” in the country’s capital.
“Bitcoin could set a new all-time high this week or next week,” Markus Thielen, director of 10x research, told Cointelegraph on Monday.
He added that the seasonality after July 4 “is often positive, and the market is largely free from tariff-related risks.”
July 9 is our 90-day pause deadline Reciprocal tariffs Finish.
“If the U.S. delays tariffs again, the market may interpret it as reluctance to implement them and will support risk appetite,” UBS Global Wealth Management analyst said in a note. according to Go to the Wall Street Journal.
“Bitcoin seems to be setting up an upward breakthrough,” agree John Bollinger, the inventor of the Bollinger Bands technical trading indicator, Sunday.
Bitcoin (BTC) Price is only 2% away from its all-time high on May 22, briefly rising to $109,500 in Monday’s trading.
The next week
“It could be a turbulent week,” Apollo chief investment officer Henrik Andersson told Cointelegraph.
“We do believe that there is a good chance that the United States will sign a framework agreement with the EU,” he added.
Anderson also mentioned that Elon Musk was just Referring to Bitcoin On X, “It seems like he’s joining the asset again.”
“Any downside volatility this week could be a good buying opportunity before next week, designated asEncryption WeekHe concluded: “In Washington, D.C..”
The market has gathered
Jeff Mei, chief operating officer of BTSE Exchange, observed that traders had previously worried about volatility leading to the July 9 tariff deadline.
But, “It seems that the market is rallying after revealing that the country will have more time to negotiate before it comes into effect in early August,” he told Cointelegraph, adding: “If we see a lot of people on Tuesday, the market may continue to rally.”
On a relatively flat weekend, the crypto market has received over $50 billion in total capitalization over the past 24 hours, according to It is for men and women.
Altcoin seasonal potential
Meanwhile, Nick Ruck, director of LVRG Research, told Cointelegraph that traders may “seek the potential potential of altcoins as they are expected to receive higher volatility and soar in the second half of this year.”
“We expect Bitcoin may enter a new price discovery zone once it exceeds its all-time high.”
“We are optimistic that as the federal government lowers interest rates this year, more investors will seek Bitcoin and Ethereum to escape macro volatility and potential inflation,” Eugene Cheung, chief commercial officer of digital asset platform OSL, told Cointelegraph.
Related: Dogecoin is set to rebound? Ripple Eyes US Bank License: Hodler’s Digest
