Big Bitcoin Dump in July Looms if History Rhymes: Analysts

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Bitcoin has fallen almost 10% from its all-time high and dipped back into five figures briefly during late weekend trading. While institutional demand remains strong, the correction could continue into July if history rhymes, observed analysts. Market analyst Benjamin Cowen said that “Bitcoin would likely start exhibiting some weakness around mid-June as the Q3 weakness starts to present itself.” This is playing out now and has done so for the last couple of years. The analysts predicted that th...