$BTC A BULLISH JULY..???🟢🟢
#bitcoin☀️ was down 0.24% in the last 24 hours to $62,632. Since April, Bitcoin's price has fluctuated between $59,000 and $74,000, but historical trends point to a #potential -ly bullish July.
▫️historically, when #BTC☀ has had a negative June, it tends to bounce back strongly in July. BTC has shown an average return of 7.98% and a median return of 9.60% in July.
▫️U.S.-listed #ETHETFsApproved ETF saw about $130 million in inflows on the first day of July, their highest level since early June, following more than $900 million in outflows in previous weeks.
▫️Going by its price action, one of the most important resistance levels for Bitcoin is $65,795. If Bitcoin can break through this level, the next major target is $78,700.
▫️Bitcoin appears trapped in a parallel channel with a lower barrier at $62,500; if this holds, BTC might bounce to $63,200 or $63,800.
