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Bitcoin could retest $107k before rally resumes as Trump sets a new tariff date

  • BTC may retest $107k before resuming a rally, currently trading below $109k.
  • Analysts are optimistic about Bitcoin's medium-term performance ahead of Trump's trade deal negotiations in August, expecting a less volatile July.
  • BTC/USD 4H chart indicates bullish momentum, with potential to reach a new all-time high amid positive market sentiments.
  • Failure to defend support at $107,850 could lead to a retest of consolidation zone at $105,333 for Bitcoin.

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