BIT Research Predicts Bitcoin Likely Reaches Bottom in September After Two-Month Correction

BTC3.75%
According to BIT Research, Bitcoin could reach its bottom in September, with a potential two-month correction from current levels. The analysis notes that July has historically been a strong month for Bitcoin, but past market data shows such rallies are typically followed by a two-month decline. BIT analysts point to weak trading volumes and elevated downside risks as factors that could extend price pressure in the near term.
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