BTC closed June with a large bearish candle. Can it stand up in July?
I checked BTC’s performance in July over the past decade, and it looks pretty good.
Let’s get straight to the results:
$BTC Over the past decade, BTC had 7 up and 3 down in July, with a win rate of 70%, an average return of +8.43%, and a median return of +10.10%.
The strongest was July 2020 at +23.78%, and the weakest was July 2016 at -10.62%.
Based on historical data, July is a relatively "favorable" month for $BTC .
This bear market has been running for 267 days from the peak, and the current price is $58,961.87, with a dr