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Bitcoin Set to Surge Beyond $117,000 in July Amid Strong Seasonal Trends and Bullish Macroeconomic Catalysts

2025-07-14 09:53:56

Bitcoin Set to Surge Beyond $117,000 in July Amid Strong Seasonal Trends and Bullish Macroeconomic Catalysts

Main Idea

Matrixport's analysis predicts Bitcoin could surge beyond $117,000 in July, citing strong seasonal trends with an average monthly gain of 9.1% over the past decade.

Key Points

1. Bitcoin is forecasted to potentially reach $117,244 in July based on historical trends.

2. The average monthly gain for Bitcoin in July over the past decade is 9.1%.

3. 7 out of the last 10 Julys have resulted in positive returns for Bitcoin.

Description

Matrixport’s recent analysis on July 14 highlighted a bullish outlook for Bitcoin, forecasting a potential surge to $117,244 driven by a historically strong seasonal pattern in July. Contrary to expectations

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BTC