PANews July 1 news, according to Matrixport analysis, Bitcoin has recorded an increase in 7 out of the last 10 Julys, with an average increase of 9.1%. Even in years of decline, the drop was only single digits, while in years of increase, there were two instances of strong rebounds in double digits.
With the arrival of July, market bullish sentiment is gradually warming up, and historical trends may play out again. Analysts believe that Bitcoin may challenge the $116,000 mark in the coming weeks.