Bitcoin Is Tipped To Gain From Another Green July For The S&P 500
The post Bitcoin Is Tipped To Gain From Another Green July For The S&P 500 appeared on BitcoinEthereumNews.com.
Key points: Bitcoin is tipped to gain as the S&P 500 starts a month that has been green for the past decade. Maximum July losses for BTC/USD are currently under 10%. Weak price action at the start of the month is nothing to worry about, traders suggest. Bitcoin (BTC) traders expect one of its best-performing months, even as July starts in the red. The latest BTC price forecasts see BTC/USD copying US stock markets to enjoy fresh gains over the coming month. Bitcoin traders see BTC price tracking stocks Bitcoin should end July firmly bullish as historical data favors solid risk-asset returns over the coming 30 days. As noted by trader Mikybull Crypto, the seventh month of the year has proved to be a success for US stocks, with the S&P 500 seeing 10 straight “green” July months in a row. IT HASN’T BEEN A RED JULY FOR THE PAST DECADES GOOD FOR ALTS AND BITCOIN pic.twitter.com/xfthRExpcY — Mikybull 🐂Crypto (@MikybullCrypto) July 1, 2025 July has been even more lucrative than May and June, both of which have only ended “red” for the S&P 500 once or twice since 2015. For BTC/USD, the picture is rather more mixed. Data from monitoring resource CoinGlass shows that May and June have witnessed wide variations in price performance, while July has fared better, with maximum losses under 10%. “Bitcoin on the edge of breaking out and likely to match the S&P for new ATHs in July,” fellow trader Crypto Fella told X followers over the weekend. BTC/USD monthly returns (screenshot). Source: CoinGlass Double top and double bottom for Bitcoin Despite the optimism, BTC/USD began July in a lackluster style, dropping to month-to-date lows under $106,500 at the time of writing. Related: Record Q2, monthly close next? 5 things to know in Bitcoin this…
Filed under: News - @ July 2, 2025 1:25 am