$BTC Bitcoin (BTC) is showing strong signs of recovery and has the potential to break its peak in the near future. Supporting factors include wider acceptance from financial institutions, significant capital inflows into Bitcoin ETF funds, and expectations of interest rate cuts from the Federal Reserve (FED). Additionally, the recent halving has reduced supply, which also contributes to driving prices. If the positive trend continues, BTC could certainly surpass its historical peak, opening up a new bull cycle and attracting more global investors.
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