{"id":627246,"date":"2024-07-01T23:30:15","date_gmt":"2024-07-01T23:30:15","guid":{"rendered":"https:\/\/ktsl888.com\/?p=627246"},"modified":"2024-07-01T16:40:02","modified_gmt":"2024-07-01T16:40:02","slug":"market-analysts-eye-july-for-potential-big-wins-in-bitcoin-and-ethereum-heres-why","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/bitcoin-news\/market-analysts-eye-july-for-potential-big-wins-in-bitcoin-and-ethereum-heres-why\/","title":{"rendered":"Market Analysts Eye July for Potential Big Wins in Bitcoin and Ethereum \u2014 Here\u2019s Why"},"content":{"rendered":"
In the financial market, historical trends often offer a glimpse into potential future outcomes and so far, July has historically been a strong month for both Bitcoin and Ethereum, and analysts are eyeing this pattern to predict another fruitful period.<\/a><\/p>\n According to seasoned market analysts from QCP Capital, Bitcoin has displayed a median return of 9.6% in July over the years, with a pattern of bouncing back significanly following lackluster performances in June. This year, Bitcoin’s decline of nearly 10% in June sets the stage for a possible uplift<\/a> in July based on these historical insights.<\/p>\n 3\/ Looking at seasonality, BTC has a median return of 9.6% in July and tends to bounce back strongly especially after a negative June (-9.85%).<\/p>\n \u2014 QCP (@QCPgroup) July 1, 2024<\/a><\/p><\/blockquote>\n Adding to the optimistic outlook, Coinbase analysts David Duong and David Han have corroborated<\/a> the trend, noting that improved liquidity conditions expected in July could further “bolster” the market.<\/p>\nA Profitable July For Bitcoin And Ethereum<\/h2>\n
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