Money
Bitcoin Price Prediction: BTC Breaks Above Its 30-Day High as Pepeto Presale Surpasses $10.5M
xCruzo Brief
Bitcoin’s outlook is turning more positive after BTC broke above its 30-day high, clearing $65,000 earlier this month and rallying about 11% since July began. CoinStats data shows the Fear and Greed Index improved from 20 to 26, and BTC is trading near $65,230. The article ties the rebound to macro relief, citing comments from new Fed Chair Kevin Warsh that inflation risks have eased and a softer June jobs report. It notes institutional outflows remain a drag, with ETF funds recording $4.13 billion in net outflows over the past 30 days. Bulls are watching $68,000 as the next resistance level.
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