Matrixport: BTC prices are bullish in June and may hit new highs this summer
ChainCatcher news, Matrixport released a report stating that seasonality has become an important cycle indicator for price prediction. Although January 2024 was not bullish for BTC, February was strong, in line with seasonal predictions. A bullish summer is still expected in June and early July, so all things considered, new highs could be set this summer. BTC has risen in June in six of the past ten years, typically by more than 4%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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