Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin Price Prediction for July:
WIll BTC Recover?
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin Price Prediction for July: WIll BTC Recover?
Author: George Georgiev
Last Updated Jul 1, 2024 @ 06:31
Will Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin s price recover in July? Let s have a look at this
interesting price prediction.
The month of June was a tumultuous one for the Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin price as it brought
quite a lot of volatility.
Unfortunately, the price action was resolved to the downside, and the bears
managed to push it down by 7.12%.
Will July be different?
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin Price Bullish in July
With June behind our backs, it s worth noting that Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin went on a
complete rollercoaster during the past 30 days, soaring to as much as $72,000
and dropping to a low of slightly more than $58,000.
That said, the sellers were ultimately victorious, pushing the price down by
about 7% in total.
But will things change in July? Well, according to the popular analyst Ali
Charts on X, July is traditionally a strong month for Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin.
Historically, when Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin has had a negative June, it tends to bounce back
strongly in July. In fact, BTC has shown an average return of 7.98% and a
median return of 9.6% during this month. Source: Ali Charts, X
BTC Bulls Attempt a Comeback
If the last hours are any indication of how the month will go, then the above
seems to be true.
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin s price increased by 4% over the past day, currently trading at
around $63,200. This has also pushed its weekly performance in the green by
about 1.6%. Source: TradingView
Naturally, this has put many short positions underwater, with liquidations for
the past 24 hours standing at $106 million, with around 85% of them being
sellers.
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Tags: Bitcoin (BTC• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin) Price