Here's What History Says Could Come Next for Bitcoin in July
The data is very clear about what the near term could look like.
Overview
Bitcoin (CRYPTO: BTC) briefly sank below $60,000 on June 5 as the crypto market entered extreme fear territory. Strategy, formerly known as MicroStrategy and a major corporate buyer of the coin, just made its first net sale of coins since 2022.
If you're reaching for the sell button, you have plenty of company at the moment. But in terms of Bitcoin's seasonality, its performance in July has had a couple of wrinkles that might shift your reading of the present moment.
Details
Let's take a look at the data.
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.