#BreakoutTradingStrategy
$BTC The price of Bitcoin increased by 2.55% in June but failed to exceed the record of May set at $112,000.
Long-term holders now own 74% of the total Bitcoin supply, reflecting strong conviction among investors, according to a report by ARK Investment's Cathie Wood.
The rise of the US dollar calls into question the narrative of dollar depreciation, impacting sentiment in the cryptocurrency market.