Is "#بتكوين " about to soar to a historic peak in July? Predictions based on the S&P 500 index!

📈 Historically... July is a green month for markets!

Since 2015, the S&P 500 has posted gains every July without exception, reflecting strong demand for risky assets during this month. Analysts believe Bitcoin may emulate this positive trend this year, especially since it has not recorded losses exceeding 10% in any previous July.

💬 Analysts are optimistic... but cautiously

"Bitcoin is on the verge of a new breakout, and it’s likely to achieve a new historic peak this month," according to analyst Crypto Fe,lla.

On the other hand, D,aan Crypto T,rades considered the current volatility normal at the start of the third quarter, expecting a clear directional move soon.

Trader Tard,igrade pointed out the formation of a Double Top & Double Bottom pattern between the levels of $101,000 and $109,000, affirming that breaking the $109,000 level could mark the beginning of a significant surge.

📊 Nearby support and resistance:

Strong support at $106,200.

Important resistance at $109,000, and if broken, we may witness a push towards higher levels.

🧠 Will history repeat itself?

With technical indicators intersecting with traditional market performance, it seems all eyes are on Bitcoin in July…

Will this be the start of a surge towards $165,000 as suggested by the Bull Pennant models? Or does the market still need more time?

Share your opinion in the comments 👇 $BTC