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Analysis: Bitcoin Could Reach New All-Time High in July if Mirroring US Stock Market Trend

Summary: According to a report by Fundstrat Global Advisors, Bitcoin (BTC) is poised to mimic the performance of the S&P 500 index and reach a new all-time high in July. The organization stated that Bitcoin's recent price trend closely resembles the S&P 500 trend from 1995 to 1996. If this pattern continues, BTC could potentially surpass ...

According to a report by Fundstrat Global Advisors, Bitcoin (BTC) is poised to mimic the performance of the S&P 500 index and reach a new all-time high in July. The organization stated that Bitcoin's recent price trend closely resembles the S&P 500 trend from 1995 to 1996. If this pattern continues, BTC could potentially surpass $74,000.

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