COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Speculations Around Cryptocurrency in July: Will Bitcoin Keep Rising?
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Bitcoin (BTC) > Speculations Around Cryptocurrency in July: Will Bitcoin Keep Rising?
Bitcoin (BTC)

Speculations Around Cryptocurrency in July: Will Bitcoin Keep Rising?

In Brief

  • The king of cryptocurrency, Bitcoin, finished June on a high note and started a new month. What will July bring? We can make some predictions by looking at Bitcoin’s performance during the same period in the past. What are experts expecting for cryptocurrencies in July? Will the rise in cryptocurrencies continue? Here are the details.ContentsBitcoin […]
COINTURK NEWS
COINTURK NEWS 2 years ago
Share
SHARE

The king of cryptocurrency, Bitcoin, finished June on a high note and started a new month. What will July bring? We can make some predictions by looking at Bitcoin’s performance during the same period in the past. What are experts expecting for cryptocurrencies in July? Will the rise in cryptocurrencies continue? Here are the details.

Contents
Bitcoin (BTC)Bitcoin’s July Performance Over the Years

Bitcoin (BTC)

Bitcoin gained 12% value in June, but July could be full of surprises. Some experts argue that this month might not go as well as June. Popular trader CryptoBullet admitted in his post on July 1 that July might not offer a significant rise in BTC prices.

Data obtained from TradingView and CoinGlass confirm that the monthly close on Bitstamp was $30,465. These levels continued to be maintained over the weekend, marking the best June performance since 2019.

Bitcoin’s July Performance Over the Years

According to historical standards, July looks even better; BTC price has never lost more than 10% throughout the month. However, CryptoBullet’s “common sense” dictates that BTC/USD needs to fall below some key moving averages.

“June surprised me. We had a very bullish monthly close: BTC tested the MA50, bounced strongly, and managed to regain the EMA21! I could repeat what I said: BTC could go to $35,000 (for liquidity hunting), but this medium-term bullish rally is ending. Probably this month.”

DecenTrader draws attention to the accumulating short positions towards $35,000. Elsewhere, generally optimistic Rekt Capital suggests that a test below $30,000 is imminent for Bitcoin despite the monthly close. According to him, this is a prerequisite for the rally to be healthy.

“The price is currently around $30,500. I wonder which negative catalyst will appear soon to facilitate this technical retest.”

In addition, even if the BTC price falls below this downward target, it would not constitute an “unusual” event, he argued. As this article was being prepared, BTC continues to find buyers at $30,591.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Trump Invites Key Figures to the 2025 Bitcoin Conference

Metaplanet Ramps Up Bitcoin Investments with Bold Financial Moves

U.S.-UK Trade Boost Spurs Bitcoin’s Stunning Price Rise

Bitcoin Aims for $500,000 as Market Heat Intensifies

Bitcoin Surges as Tensions Rise Between India and Pakistan

COINTURK NEWS 2 July, 2023 - 9:45 am 2 July, 2023 - 9:45 am
Share This Article
Facebook Twitter
Share
Previous Article Crypto World Wraps Up an Exciting June as July Begins on a Promising Note
Next Article Bitcoin’s Swift Recovery and the Expected Boom in Altcoins Following SEC’s ETF Request Update
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Coinbase Launches Round-the-Clock Bitcoin Futures in the US
Cryptocurrency News
Goldman Sachs Embraces Cryptocurrency with New Investments
Cryptocurrency News
Trump Shakes Up Washington with Determined Cryptocurrency Moves!
Cryptocurrency Law
U.S. Markets Fuel Surge in Cryptocurrency Values
Cryptocurrency News
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?