Bitcoin Poised for a Breakout

🟡Bitcoin started the new week with a recovery, and the upcoming Federal Reserve meeting on July 30 may serve as a key catalyst for further growth. Investors are closely watching for a potential leadership change at the Fed and any signals regarding future monetary policy. Rumors of an upcoming rate cut and reduced pressure on the crypto market are fueling bullish sentiment.

🟡Analysts anticipate a breakout above $130,000. Doctor Profit highlights the monthly chart resistance breakout, M2 liquidity growth, and ETF activity as key drivers. Together, these factors could pave the way to new all-time highs.