Key points:
-
Bitcoin has been raised as the S&P 500 has been green for the past decade.
-
The maximum July loss for BTC/USD is currently 10%.
-
Traders believe the price action was weak at the beginning of this month.
Bitcoin (BTC) Traders expect to expect one of its best-performing months even when July starts in red.
The latest BTC price forecast is that BTC/USD has copied the U.S. stock market to enjoy fresh earnings in the coming month.
Bitcoin traders see BTC price tracking stocks
Bitcoin should end in July, as historical data favors stable risk resource returns over the next 30 days.
As Trader Mikybull Crypto points out, the seventh month of the year was a success for U.S. stocks, with the S&P 500 having 10 consecutive “greens” for seven consecutive months.
The past few decades have been not a red July
Suitable for alternatives and Bitcoin pic.twitter.com/xfthreexpppy
– Mikybull🐂Crypto (@mikybullcrypto) July 1, 2025
July is more profitable than May and June, and the two S&P 500s have ended only in “red” since 2015.
For BTC/USD, the pictures are more mixed. Data from monitoring resources Small shop It shows that price performance varies greatly in May and June, while July performs much better with a maximum loss below 10%.
“The brink of Bitcoin’s outbreak may match the new ATHS’s Standard & Poor’s in July,” Trader Crypto Fella Tell Followers on the X weekend.
Bitcoin’s double top and double bottom
Despite optimism, BTC/USD started with a bland style, falling to a monthly low below $106,500 at the time of writing.
Related: Record the second quarter and close every month next? 5 Things You Know About Bitcoin This Week
Coinglass confirmed a large number of bid support, starting at $106,200. Shorts above $108,000 Still not affected.
Trader Daan Crypto Trading commented on the current settings, which was troubled by the lack of new attacks on the climax of history.
“Still merge in the current scope and channels,” he Write On X.
“With a new month and a quarter, we often see a volatility start and then the price later chooses a direction. Give it some time to play and be careful to confirm.”
Ongoing trader and commentator trader Tardigrade believes that further support is possible before a higher resolution.
“Bitcoin forms double-layer and double-bottom patterns over the integration range of $101K to $109K.” Famous Together with 3-day BTC/USD charts.
“Internal support/resistance can be tested again before breaking the high $109K range.”
This article does not contain investment advice or advice. Every investment and trading move involves risks and readers should conduct their own research when making decisions.
