Capital Returns as Bitcoin Breaks Out | Ahead of the Curve
Bitcoin has finally broken out of weeks of consolidation, climbing to its highest levels since January and making the first major higher high of the current drawdown.
In this episode of Ahead of the Curve, we look at what changed once last week’s uncertainty cleared, why the return of external capital matters, and how Bitcoin’s move above the average ETF investor cost basis differs sharply from the failed retest in May.
We also examine rising activity in futures and perpetuals, why leverage still looks relatively controlled despite improving risk appetite, and the growing evidence that the June low may already have marked the cycle bottom.
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