Galaxy argues improving price trends, resilient ETF demand and rising U.S. debt support bitcoin’s recovery towards its previous high. Bitcoin’s recovery above its 50-week moving average and reduced speculative exposure suggest June marked the cycle low, according to Galaxy. Rising government debt strengthens its investment case, although sustained weakness below $76,540 would challenge the firm’s technical outlook. Bitcoin’s BTC $84,459.46 rally has stalled in recent weeks, leaving prices listl…
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