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Matrixport: Bitcoin's Strong Performance in July, May See New Round of Growth Following Historical Trend
Summary: Matrixport released a chart today indicating that Bitcoin typically has a stable performance in the summer, but July has consistently broken the norm in the past decade with seven out of ten years showing gains, averaging a 9.1% increase; even in years of decline, the decrease was only in single digits. In the five years ...
Matrixport released a chart today indicating that Bitcoin typically has a stable performance in the summer, but July has consistently broken the norm in the past decade with seven out of ten years showing gains, averaging a 9.1% increase; even in years of decline, the decrease was only in single digits. In the five years of growth, there were strong double-digit rebounds. With July approaching, bullish sentiment in the market is gradually increasing. Historical trends may repeat, leading to a new round of growth, possibly challenging the $116,000 mark in the coming weeks.
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Link: Matrixport: Bitcoin's Strong Performance in July, May See New Round of Growth Following Historical Trend [Copy]
