[Analyst: Bitcoin Shows Signs of Recovery, but Uptrend Yet to Be Confirmed] BlockBeats News, July 22 – Bloomberg Senior ETF Analyst Eric Balchunas stated in a post that since the U.S. Independence Day 250th anniversary, Bitcoin has risen approximately 8%, outperforming most assets. At the same time, Bitcoin spot ETF inflows have started to recover, with a net inflow of about $750 million over the past week. Balchunas noted that it is still difficult to fully believe that this round of gains has established a stable trend, but it is not surprising that Bitcoin has rebounded after its previous decline. The subsequent trend remains to be observed. [Original Link]