Bitfinex Alpha | Buyers Waiting in the Wings
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Bitcoin recovered strongly over the past week, reclaiming the $85,000 level. The bounce was driven by macro relief after US President Donald Trump announced a 90-day pause on new tariffs, easing trade tensions and reigniting risk appetite. Importantly, the rebound was powered by spot market demand rather than leveraged derivatives positioning, indicating genuine conviction among buyers. Bitcoin closed the week 6.67 percent higher, extending a 15 percent move from the lows and suggesting that the correction—now 83 days long and 31 percent deep—remains consistent with typical mid-cycle retracements seen in past bull markets.
