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.

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