<ul data-eligibleForWebStory="false"><li>Bitcoin is currently trading around US$108k, experiencing a 95% gain over the past year but struggling to break higher.</li><li>Spot Bitcoin ETF demand has dropped significantly by 895k BTC over 30 days, despite institutional purchases from ETFs and companies like Strategy.</li><li>Analysts suggest that the postponement of Trump's tariffs until August could provide buoyancy to the market and potentially push Bitcoin towards US$120k.</li><li>Some analysts caution that despite the recent market trends, the demand from big Bitcoin buyers like companies involved in BTC buying might soon fade.</li></ul>

Bitcoin Bulls Battle Boring Markets as Analyst Eyes $120K Short-Term Target

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