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Here\'s How Bitcoin (BTC) Price Performed Historically in July

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2024-07-01 21:49:18773browse

While Bitcoin had a negative price performance in June, historical data shows that July has been positive.

Here's How Bitcoin (BTC) Price Performed Historically in July

Bitcoin price has shown a tendency to perform well in July, especially following a negative June performance.

Statistical analysis of Bitcoin’s monthly returns reveals that BTC has displayed an average return of 7.98% and a median return of 9.60% in July when June was negative.

This pattern suggests that negative June performances often precede positive July returns, though exceptions exist.

While the data shows a recurring pattern of performance, historical performance can’t be taken as foolproof evidence to predict the future.

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