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Matrixport: Bitcoin's performance in July has been outstanding historically, and this year it may follow historical trends for a new round of pump.
Odaily News Matrixport released a chart today stating that Bitcoin typically has a stable trend in summer, but July often breaks the norm, with seven instances of closing higher in the past decade, averaging a rise of 9.1%; even in years with a fall, the decrease has only been in single digits. Furthermore, in the five years of increase, there have been strong rebounds with double-digit gains. As July approaches, the market's bullish sentiment is gradually heating up. Historical trends are repeating, and the market may be poised for a new round of rise, potentially challenging the 116,000 USD mark in the coming weeks.
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