According to ChainCatcher, independent analyst Markus Thielen's research shows that BTC has risen in July seven times over the past decade, with an average increase of 9.1%. Even in the case of a drop, the decline has only been in single digits.
Data shows that the increases in July 2017 and 2019 were 21.5% and 23.9% respectively. The increases in 2021 and 2022 were around 18%, and preliminary data for 2024 shows an increase of 3.1%.
As July 2025 approaches, market bullish sentiment is heating up. Analysts believe that if historical trends repeat, the Bitcoin market may welcome a new round of increases and could challenge the $116,000 mark in the coming weeks.
