Bitcoin can be set in a 9 % march in July, when June ended up with an increase with the highest monthly candle with more than 107,000 dollars, according to 10x Research.
The highest month of Bitcoin was the month of May, with a monthly candle ending About 104,600 dollars, followed by January, when the month is closed by about 102,450 dollars.
The past three months have also seen consecutive green candles, as the original has been recovered from April to $ 75,000.
Every three standard numbers Monthly candle The highlands were in 2025, and the next closest was in November 2024 when it was closed by about 9,6500, to log in More than 26,000 dollars With gains during the period that followed the victory of US President Donald Trump.
The upper candle pattern yarn
The standard closure comes despite the June candle, which forms a “pear top” pattern with a small body and the highest long and bottom.
This composition indicates that buyers or sellers are required to control, and often indicates a possible reflection in the direction of the price.
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The last similar monthly candle occurred in the greenery about a year ago in July 2024, followed by a red “hammer” candle and a decrease of 8.6 % in the following month when BTC decreased to $ 59,000.
High probability from July
In spite of this, Marcus Thylin, the head of the Research of Research, said, Cointelegraph said that the historical analysis indicates a high possibility of a 9 % mobilization for Bitcoin in July.
“The month was constantly strong for us, which the stocks are expected to continue with its upper momentum, and Bitcoin tend to follow its example.”
In the past seven Julizs, Bitcoin has published positive returns, with an average profit about 9 %, and said before adding that even in the few years with negative performance, the declines were “modest” and remained in one numbers.
“This seasonal trend places a favorable background for a higher potential move.”
Less weekly candle than resistance
The analyst “Rekt Capital” took a look at Weekly closed candle on monday, monitoring It was closed under the “Final Weekly Resistance”, which was 108,890 dollars. The weekly candle was closed at $ 108,380 on Coinbase, according to Tradingview.
They added that the “high -end phase resistance” may develop at the current price levels.
The analyst said Bitcoin would need to restore the weekly resistance as support in the daily to nullify this higher level.
Bitcoin prices have decreased by 2 % over the past 24 hours, as it has decreased to less than $ 107,000 at the time of this report. However, the origin remained tightly at this level during the past week.
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