$BTC Bitcoin recorded a new all-time high of around $118,860 in early July, supported by strong inflows into exchange-traded funds (ETFs), expectations for interest rate cuts from the Federal Reserve, and improvements in the U.S. regulatory framework surrounding the three legislations (CLARITY, Genius, and Anti‑CBDC).
Technically, analysts like Katie Stockton point to a "cup and handle" pattern, with the potential to rebound towards ~$134,500 during July, if Bitcoin maintains support at ~$108,300 and the MACD and RSI indicators rise.
#
