Analysis: If Bitcoin "Copies" the US Stock Market Trend, It May Reach a New All-Time High in July

According to technical analysis from independent research firm Fundstrat Global Advisors, Bitcoin ($BTC) is poised to replicate the performance of the S&P 500 index (S&P 500) and reach a new all-time high in July. The firm stated that Bitcoin's recent price action is strikingly similar to that of the S&P 500 between 1995 and 1996. If this pattern continues, $BTC may break through $74,000. (Cointelegraph) [Odaily星球日报]