Bitcoin poised for green July, according to history
Bitcoin’s historical data suggests July is a positive month for BTC holders. This bodes well after the asset lost nearly 10% of its value last month.
Bitcoin (BTC) reclaimed the $62,200 level and approached $63,000 on Monday after a 2% bounce for the largest cryptocurrency on the market. CoinGlass data also showed that BTC’s move propelled it above a $43 million liquidity wall, setting BTC up for what may be a green month if history repeats itself $BTC
What Happens to Bitcoin Price if Spot ETF Isn’t Approved?
Bitcoin's recent strong performance at least in part is due to optimism regarding the imminent launch of multiple spot ETF products.It's not surprising that analysts expect to see negative short-term price action if a bitcoin spot ETF is rejected by the SEC.Analysts, however, pointed out that bitcoin certainly doesn't hinge its existence on an ETF.It's no surprise that analysts believe there would be at least some negative short-term price impact on SEC rejections, but what to expect following t