TechFlow news, July 14 — According to a recent report by independent analyst Markus Thielen, Bitcoin has historically performed strongly in July, posting gains in seven out of the past ten years with an average increase of 9.1%. Analysts predicted at the beginning of July that Bitcoin could rise to $117,244 driven by seasonal factors. The current Bitcoin rally is fueled by multiple macroeconomic drivers, including rising U.S. equities boosting market confidence, Trump's pressure on the Federal Reserve, and the approval of the "Big Beautiful Bill" raising the fiscal deficit ceiling, all of which intensify market expectations for liquidity release. Historical data shows that Bitcoin’s average return in July is mostly positive, reaching a peak of 23.9% in 2020.
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