TechFlow, June 2 — According to a chart released today by Matrixport, historical data shows that June is typically one of the more subdued and volatile months for Bitcoin, with an average return of just 1.9% and a 50% probability of price increase. In contrast, October stands out as Bitcoin’s strongest seasonal month.
Last year’s market performance offers a key reference: Bitcoin declined 7.1% in June; although it saw a slight rebound of 3.1% in July, it subsequently dropped again by 8.7% in August.
Given weakening seasonal momentum, we adjusted to a more cautious trading strategy last week. Current data and market performance are consistent with this assessment.
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