Brace for Gains: July is a Historically Winning Month for Bitcoin
According to data from CoinGlass, June has historically been a losing month for Bitcoin, with negative returns for investors who built long positions. This trend has continued in 2021, with BTC registering 5% losses month-to-date. However, July has a historically positive track record, with gains of up to 25% in the past. Analysts are predicting a potential surge for BTC in July, with some forecasting a 30-day impulse to $100,000 and others eyeing a breakout at $72,000. As with all cryptocurrencies, investors should remain cautious and have a clear entry and exit strategy.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
21Shares to Liquidate Two Bitcoin and Ether Futures ETFs Amid Market Downturn

The Man Who Stabbed CEO of South Korean Crypto Firm Haru Invest Could Face Decade in Prison

Meteora launches Meteora Rising incubator
Trending news
MoreCrypto prices
More








