Bitcoin Traders Bullish on July Performance Following S&P 500 Trend
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币界网报道：Bitcoin traders are optimistic about July's performance as BTC shows a 500-day trend indicating potential bullish momentum. Analysts highlight historical data where Bitcoin has consistently rallied in July, with an average return of 11.5% over the past decade. Market sentiment is further supported by increasing institutional interest and positive macroeconomic indicators. Traders are closely watching key resistance levels, with a breakout potentially triggering further upward movement. The 500-day moving average, currently acting as strong support, reinforces the bullish outlook. However, experts caution that volatility remains high, advising investors to monitor market conditions closely.
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