Bitcoin Could Rebound If It Clears The $65K Barrier

Bitcoin is experiencing a very difficult month of July. Indeed, institutional investors are massively withdrawing their capital from tech stocks and the military situation in the Middle East is deteriorating. This has a direct negative impact on the crypto market, which now suffers from strong risk aversion. Such macroeconomic pressure from both sides weakens Bitcoin's summer trend and pushes investors to reduce their investments. Today, every move in global markets can worsen Bitcoin's correction, increase volatility, or change forecasts for the rest of the cycle.

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