Bitcoin price gains nearly 10% in July, but traders still see BTC copying 2022 bear market

CoinTelegraph·

Bitcoin price gains nearly 10% in July, but traders still see BTC copying 2022 bear market

60-second summary

Bitcoin price gains nearly 10% in July, with a notable increase in the first two weeks of the month, however, traders remain cautious, warning that the cryptocurrency might follow the 2022 bear market pattern, with potential declines looming from August onward, affecting market sentiment and investor confidence, potentially leading to a volatile Q3.

Bitcoin price gains approached 10% for the first two weeks of the month, but analysis warned of the bear market returning from August onward.