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Bitcoin (BTC) May Take Off in July! Here is the Historical Data..
Bitcoin has fallen in only 1 of the last 6 July.
The leading cryptocurrency Bitcoin (BTC) managed to close the month of June above 30 thousand dollars after 1 year. The fact that Bitcoin managed to stay above the critical level seems to have made investors hopeful in July.
Although it cannot be clearly known that Bitcoin will rise or fall in July, a prediction can be made by examining historical data.
According to their data, Bitcoin generally performs well in July.
Having spent a total of 10 July months to date, BTC has managed to rise in 7 of these months. Bitcoin has lost value for only 3 months. In these months, the percentage of rise reached 24%, while the highest percentage of decline was 9.
Bitcoin, which lost value only once in the last 6 July, gained value on the 5th of July of the last 6 years, providing an important statistics.
Can Bitcoin (BTC) Continue Upside Down?
It seems that Bitcoin has bullish in the last period. Combined with the historical data of July, this bullish trend can ignite the wick of big rises.
The leading cryptocurrency Bitcoin (BTC), which may experience sharp rises if there is no unanticipated bad news from the US front, can also make serious jumps in altcoins in July.
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