Bitcoin should hold $100K as Q3 seasonality predicts sideways trading
Bitcoin may hold above $100,000 throughout summer, but seasonal trading data suggests minimal upside in Q3.
Key takeaways:
Analysts say Bitcoin is trading more like a risk asset than a safe haven like gold, undermining its “digital gold” narrative.
A potential Fed rate cut in July may boost Bitcoin, but historical data shows Q3 tends to be flat, with only a 1% median return from June to September.
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