Is Bitcoin Ready for a Major Recovery?
Visit this link to make money with bitcoin and other cryptocurrencies. Receive daily altcoin signals with the best crypto trading startegy - https://telegram.me/freecryptosignalsdaily July's positive seasonality may drive Bitcoin's recovery, but macro factors like the June CPI and geopolitical tensions could constitute a hindrance. This week’s Bitfinex Alpha report has revealed that bitcoin usually has a five-to-six-month bear market window where it trades below the Short-term Holder Realized Price. The fifth and sixth months mark the final phase of the period, after which the asset experiences a broader recovery. July marks the fifth month in this bear phase window, and analysts believe BTC could witness a significant recovery. While there are positive dynamics that could drive the rebound in the coming weeks, market experts have also identified factors that could disrupt the recovery. BTC Ends Five-Month Bear Window According to Bitfinex analysts, the posit...