Bitcoin repeats May breakout move as analysis expects $118K showdown
Bitcoin copies moves which led to its latest all-time highs, but analysis warns that the path to price discovery will not be easy.
Key points:
Bitcoin breaks through its volume-weighted average price (VWAP), echoing the rebound from April’s sub-$75,000 lows.
Stocks see fresh all-time highs as markets digest the Fed rate cut.