Matrixport: Bitcoin performed strongly in July, forecast to reach US$116,000 "
According to online reports, according to the latest research by independent analyst Markus Thielen, Bitcoin has always performed well in July, rising seven times in the past ten years, with an average increase of 9.1%. Even in declining years, the decline was in single digits, while in the five rising years, there were strong double-digit rebounds. Data shows that the performance in July 2017 and 2019 was particularly outstanding, with increases of 21.5% and 23.9% respectively. There will also be an increase of about 18% in 2021 and 2022, while preliminary data for 2024 shows an increase of 3.1%. As July 2025 approaches, market bullish sentiment is gradually heating up. Analysts believe that if the historical trend repeats itself, the Bitcoin market may usher in a new round of gains and may challenge the $116,000 mark in the coming weeks.
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.