Brace for Gains: July is a Historically Winning Month for Bitcoin

According to data from CoinGlass, June has historically been a losing month for Bitcoin, with negative returns for investors who built long positions. This trend has continued in 2021, with BTC registering 5% losses month-to-date. However, July has a historically positive track record, with gains of up to 25% in the past. Analysts are predicting a potential surge for BTC in July, with some forecasting a 30-day impulse to $100,000 and others eyeing a breakout at $72,000. As with all cryptocurrencies, investors should remain cautious and have a clear entry and exit strategy.