Bitcoin ‘pausing here for air’ likely, but another July ATH still possible
Galaxy Digital’s Michael Harvey says the most optimistic scenario for Bitcoin is a “continued slow melt-up” through the end of July.
Bitcoin could be in for a brief consolidation phase after its recent surge to new all-time highs — but another leg up before the end of July isn’t off the table, according to Galaxy Digital’s head of franchise trading, Michael Harvey.
“Consolidation around current prices is my base case given the large rally and new ATH,” Harvey told Cointelegraph.
“I do expect BTC to trend higher into the year-end, but pausing here for air would be realistic,” Harvey said, adding: