INSUBCONTINENT EXCLUSIVE:
potential Fed rate cut in July may boost Bitcoin, but historical data shows Q3 tends to be flat, with only a 1% median return from June to
September.Bitcoin (BTC) is having a lackluster week, but this could change if the crypto asset follows the trajectory of the global money
Director of Global Macro at Fidelity, Jurrien Timmer, said that gold prices could catch a bid after the global money supply hit an 8.5%
year-on-year increase, driven by geopolitical tensions
Source: Jurrien Timmer/XTimmer revealed that gold and Bitcoin exhibit rising Sharpe ratios, signaling improved risk-adjusted returns
Source: Jurrien Timmer/XMarkets analyst Tony Sycamore conveyed a similar outlook for Bitcoin, stating that BTC trades more as a risk asset
(unchanged since December 2024), Bitcoin price has struggled this week, reflecting its sensitivity to unclear monetary policy and global
concerns that tariffs would significantly boost inflation, suggesting interest rates could be lowered as early as next month.A rate cut
could significantly boost Bitcoin's prospects for a Q3 rally
However, historical seasonality suggests a rally might not occur until Q4
30 has been only 1% for the entire four-month period, not per month.Such a trend would inherently keep BTC above $100,000 for a better part
of the period, leading to stronger rallies in Q4
Bitcoin's monthly returns over the past decade
Source: Timothy Peterson/XOn Friday, Bitcoin experienced a significant retracement following a liquidity grab near the $106,000 level during
the London trading session
Technical analysis reveals persistent bearish momentum across higher and lower time frames, suggesting a high probability of another
liquidity sweep targeting the $102,614 level in the coming days
If selling pressure intensifies, the price could decline toward the $100,000 threshold, aligning with the previous range lows and a key
Source: Cointelegraph/TradingViewRelated: Bitcoin price slips under $104K into 'triple witching' options expiryThis article does not contain
investment advice or recommendations
Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
