Bitcoin Navigates Bearish Waters Amid Geopolitical Tensions, Bulls Eye Rebound

Despite recent bearish pressure pushing Bitcoin below key support levels, underlying market Optimism suggests a potential rebound post-correction. Geopolitical developments, including President Trump's tariffs on Canada and Mexico, have fueled volatility, overshadowing judicial influences. As of July 2025, traders remain watchful for bullish signals amid the downturn.

Bitcoin Price Faces Bearish Pressure Amid Market Volatility

Bitcoin's price has encountered significant downward momentum this week, slipping below crucial support levels as selling pressure intensifies. The failure to reclaim lost ground signals persistent bearish control, yet underlying market sentiment remains optimistic for a post-correction rebound.

Recent volatility stems not from judicial action but from geopolitical developments—President Trump's tariffs on Canada and Mexico triggered a market-wide tremor. Bitcoin briefly plunged below $91,000, liquidating nearly $1 billion in positions. A subsequent federal court block on $10 billion tariffs has injected fresh optimism into BTC's trajectory.

Perpetual traders and spot sellers appear divided on Bitcoin's next move. Binance data reveals whales aggressively defending the $100,000 level with bids, while spot participants position for a potential $120,000 breakout. The looming possibility of a death cross formation adds complexity to the current technical landscape.

Bitcoin ETFs Pull $9B Inflows, Outpace Gold: Schiff Silent?

U.S. bitcoin ETFs have attracted over $9 billion in inflows over the past five weeks, with BlackRock's iShares Bitcoin Trust (IBIT) leading the charge. Meanwhile, gold-backed funds saw outflows exceeding $2.8 billion during the same period. The shift reflects growing investor preference for Bitcoin as a hedge against inflation and rising U.S. government debt.

On May 22 alone, Bitcoin ETFs recorded $432 million in inflows—the highest single-day figure this week. Bitcoin's price surged to an all-time high of $111,970 that day, buoyed by optimism surrounding a new stablecoin bill and U.S.-China tariff tensions. At press time, Bitcoin trades at $105,293.46, down 1.35% in 24 hours but up 55% year-over-year. Gold, though still up 25% this year, has retreated $190 from its peak to $3,310 per ounce.

Christopher Wood, Global Head of Equity Strategy at Jefferies, maintains a bullish stance on both assets: "I remain bullish on Gold and Bitcoin. They remain the best hedges on currency debasement in the G7 world." Critics, however, continue to cite Bitcoin's volatility as a deterrent.

Michael Saylor Predicts Bank of England Bitcoin Adoption Amid UK Crypto Policy Shift

MicroStrategy Executive Chairman Michael Saylor has sparked speculation about the Bank of England potentially adding Bitcoin to its reserves. The prediction follows remarks by UK politician Nigel Farage at the Bitcoin Conference, where he pledged to introduce pro-crypto legislation if his party wins the upcoming election.

Farage's proposed crypto and Digital Finance Bill aims to position Britain as a global leader in digital assets. The policy framework includes safeguarding bank accounts for crypto traders and establishing clear tax guidelines for digital assets. With approximately 7 million UK residents already holding cryptocurrency—including 25% of young adults—the initiative could accelerate mainstream adoption.

Saylor, a longtime advocate for institutional Bitcoin adoption, responded to Farage's announcement with a tweet suggesting imminent BOE involvement: "Bank of England on the Brink... of Buying Bitcoin." The statement aligns with his persistent campaign for sovereign wealth funds and central banks to recognize Bitcoin as a reserve asset.

Two New Bitcoin Wallets Withdraw $84.2M in BTC From Binance

Two newly created Bitcoin wallets have withdrawn a combined 800 BTC, worth approximately $84.2 million, from Binance's hot wallet. The transactions, occurring at 09:21:13 UTC, signal a potential shift in holder behavior as Bitcoin trades below its all-time high of $111,800, currently hovering around $105,503.

Large withdrawals to new wallets often indicate intentions for long-term storage or reduced selling pressure. This movement aligns with a broader trend of Bitcoin exiting exchanges, suggesting institutional or private accumulation.

Bitcoin Price Historically Declines Post-Conference, Analyst Notes

Veteran analyst Miles Deutscher has identified a recurring pattern in Bitcoin's price behavior following major Bitcoin conferences. The digital asset consistently experiences downward pressure in the immediate aftermath of these events, according to historical data spanning multiple years.

This observation follows the recent Bitcoin 2025 Conference in Las Vegas, which featured high-profile attendees including MicroStrategy's Michael Saylor and U.S. Vice President JD Vance. Deutscher's analysis excludes 2019 due to minimal market impact and 2020 because of pandemic-related VIRTUAL attendance limitations.

The trend became particularly evident in 2021 when BTC dropped 17% from $35,000 to $29,000 within weeks after the rescheduled June conference. Similarly, the 2022 event coincided with Bitcoin's decline from $44,000, reinforcing the observed post-conference correction pattern.

Reform UK Proposes Bold Crypto Strategy to Boost Economic Competitiveness

Reform UK Chairman Zia Yusuf has outlined an ambitious plan to position the United Kingdom as a global leader in cryptocurrency innovation. In a Bloomberg interview, Yusuf warned that failing to integrate Bitcoin into the nation's sovereign wealth fund could leave the UK economically disadvantaged within decades.

The proposed crypto bill includes cutting capital gains tax on digital assets to 10%, establishing a Bitcoin Reserve Fund with seized crypto assets, and mandating tax authorities to accept cryptocurrency payments. "Banks WOULD be barred from discriminating against legal crypto transactions," Yusuf emphasized, framing these measures as essential for reclaiming economic dynamism.

While implementation challenges remain, the Reform UK chairman contends the long-term benefits of becoming a crypto hub outweigh initial costs. The strategy notably focuses on BTC adoption rather than broader altcoin markets, signaling a targeted approach to digital asset integration.