Bitcoin July Rally Analysis: Historical Trends Show Average 7.56% Monthly Gain Since 2013

According to Coinglass data, Bitcoin has demonstrated a historically positive trend during the month of July. Since 2013, out of 12 recorded July rallies, Bitcoin closed higher in 8 instances, reflecting a strong seasonal pattern. Notably, the most significant monthly gain was observed in July 2020, with a substantial increase of 24.03%. Conversely, the steepest decline occurred in July 2014, when Bitcoin’s value dropped by 9.69%. On average, Bitcoin’s July returns have yielded a 7.56% increase, underscoring the potential for robust mid-year performance. These figures provide valuable insights for investors and traders seeking to optimize their portfolio strategies based on historical market behavior.