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Crypto Strategist Predicts Bullish Breakout for Bitcoin and Altcoins in July

  • Crypto strategist Pentoshi predicts a bullish breakout for Bitcoin and altcoins in July, fueled by macroeconomic conditions and regulatory progress.
  • Pentoshi, naming the month 'Jubilant July,' notes positive developments like stablecoin legislation and increased ties between crypto and traditional finance.
  • The trader highlights the bullish market structure for Bitcoin and equities, pointing to recoveries after periods of uncertainty and mentions U.S. discussions on interest rates and fiscal expansion.
  • Pentoshi sees strength in Bitcoin's ability to rise despite negative news and expects altcoins to rally, with potential to push total market cap towards $400 billion.

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