🚀🌞 Crypto market cap took a 14% dip in June, falling from $2.78T to roughly $2.4T. But don't sweat it, folks! Historically, June's been a bearish month, with July often bringing a market rebound.

Analyst Murad Mahmudov's chart shows local market bottoms in June, followed by bullish recoveries in July since 2018. Could we see big Bitcoin gains this July?

Last year, the market cap dropped to just over $1T in June, but bounced back with a 22% gain by mid-July. Analyst 'Rekt Capital' suggests Bitcoin is poised for a breakout, needing a daily close above the June downtrend to kickstart it.

BTC prices have already gained nearly 4% over the weekend, hitting a high of $63,700. But watch out for the Mt. Gox repayments, estimated at over $8B worth of BTC, starting in early July.

Finally, the M2 Money Supply, linked to crypto market cycles, is expanding again. More money in the system = more liquidity and investment into higher-risk assets.

What do you think, folks? Is July going to be a bullish month for Bitcoin? Let's discuss! 💬 #Crypto #Bitcoin #MarketTrends