QCP Capital Analyst Predicts Bullish Outlook for Bitcoin and Ethereum in July Based on Historical Seasonal Trends

Coinbase analysts David Duong and David Han also noted the same historical seasonal trend. In last Friday’s Coinbase weekly report, the analysts stated: “The positive seasonal factors in July and the improvement in liquidity may support the market.” According to Coinbase analysts, the positive seasonal factors may be related to July, as historically, Bitcoin and Ethereum seem to perform better in July compared to other months, especially after the sell-off in June