Bitcoin Traders Position for ‘Bullish July’ as BTC ETFs Record $124M Inflows

Bitcoin Traders Position for ‘Bullish July’ as BTC ETFs Record $124M Inflows

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Source: Coindesk.com

Since April, Bitcoin's price has ranged between $59,000 and $74,000, but historical trends suggest a potentially bullish July. Seasonal cycles, such as profit-taking around tax season in April and May, and increased demand in December, can influence cryptocurrency prices, leading to predictable changes.

Bitcoin (BTC) bulls may have reason to cheer

Read More https://www.coindesk.com/markets/2024/07/02/bitcoin-traders-position-for-bullish-july-as-btc-etfs-record-124m-inflows/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Bitcoin Traders Position for ‘Bullish July’ as BTC ETFs Record $124M Inflows" appeared first here Coindesk.com.

Source: Coindesk.com

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