In brief

  • Bitcoin just posted its strongest week since May with a 9.07% gain.
  • Weekly price data shows strong bullish momentum, giving BTC more room to run.
  • Myriad prediction market users are mostly bullish on BTC price prospects, with some disagreement in the short term.

Bitcoin just completed its strongest weekly run since May, a 9.07% gain that took prices from $109,231 to $119,400, en route to a new all-time high above $123,000. Can it keep it going?

This impressive weekly rally marks a decisive breakout from the consolidation pattern that had contained prices since late May. The Crypto Fear & Greed Index has climbed to 72, firmly in “greed” territory, reflecting renewed investor confidence across digital assets as institutional adoption accelerates.

Over on Myriad, a prediction market created by Decrypt’s parent company Dastan, users are firmly bullish on the idea of Bitcoin maintaining its momentum—for the most part. Predictors have now placed the odds at a whopping 91% that Bitcoin stays above $100K throughout the month of July, up from around 70% just days ago. Myriad users a

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Author: Jose Antonio Lanz

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