! Bitcoin market is reversing!
! Is the market bullish or bearish?
! Will Bitcoin continue to fall below $60,000?
The following is an analysis of the current Bitcoin trend:
After the end of June, BTC rebounded sharply in July, soaring to $63,840, an increase of about 5%, and fell to 7% in June, with an average decline of 0.35% in June.
According to past history, Bitcoin may rebound strongly in July after its poor performance in June.
In the past six years, Bitcoin has had a minimum increase of 28% in the first few weeks of July every year.
Perhaps this year will change. Today, it faces a large-scale sell-off by the German government and the compensation of Mentougou dollars.
There is not much good news in the market at present, and the biggest impact is still the flow of funds and the problem of selling.
