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- đ Bitcoin in July - Bullish or Bearish? (02 July 2025)
đ Bitcoin in July - Bullish or Bearish? (02 July 2025)
đ€Ż Texas Governor Signed Bill for Gold and Silver Daily Transactions! PLUS: Analysts Seem Optimistic for July - But Do We?
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Welcome back to
BULL MARKET BYTES
Your byte of cryptocurrency insight where we have now entered the month of July and are hoping to see some type of action . . .
Potentially involving Bitcoin, a rocket, and me quitting my job at McDonalds . . . buying crypto isnât cheap, you know!
Here is what we have for you today!
đ BLOCKCHAIN BREAKDOWN
Bitcoin Technical Analysis - Lower Highs and Lower Lows Continue!
What to Anticipate Next - Could July Turn the Tide of Bitcoinâs Dip?
đ BULL MARKET BULLETIN
Cryptocurrency Headlines - Texas Governor Signed Bill for Gold and Silver Daily Transactions, Analysts Seem Optimistic for July - But Do We?


BITCOIN TECHNICAL ANALYSIS
Welcome to the month of July - where Bitcoin has averaged a +6.88% return since 2013!
But before we get into that, how did June treat us?
Believe it or not, Bitcoinâs performance in June finished at +2.49%! On top of that, the 2nd quarter ended at +29.74% which is massive!
With June being a historically negative month (the average is a -0.14% return), how are we feeling about July?
Even with a historically positive return - with the recent dip - we are starting July at -1.21%.
If July were to end positive, that would be 4 months in a row! Great news, but sooner or later we will need to experience a negative month.
Will that be this July or will Bitcoin place the negative month on hold for another month to come in the near future?
Before we dive into all of the magic that is watching Bitcoinâs price fall while our hair simultaneously falls out, here is a word from todayâs sponsor!
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Now, letâs get into the specifics of Bitcoinâs movement. Being in July, are we seeing the tides turn or is Bitcoin still in a downward movement?
As we discussed in Saturdayâs newsletter, Bitcoin is following the âlower highs and lower lowsâ pattern which is extremely bearish!
Pullbacks in price can be a positive thing but will this downward momentum pull us back under $100,000?
Letâs take a look at Bitcoinâs daily chart, shake the magic 8 ball, and see what could be waiting for us!
Byte, take it away!
đ€ Byte the Bot: âBitcoinâs lower highs and lower lows is looking textbook! Bitcoin must now break above $108,946.49 to break the bearish pattern.
If Bitcoin does not break this area, this pattern will drive the price below $100,000 and to ~$96,174.49. 58% chance if Bitcoin does not break resistance within 48 hours!â
Sounding like a bit of âdoom and gloomâ from Byte today, but he is right!
Bitcoin needs to break above the resistance level of $108,946.49 to end the bearish pattern.
If Bitcoin breaks this resistance area, the next resistance will be at $110,522.36 and then to the previous all-time high.
What is the primary focus? That Bitcoin does not break $100,000 . . . yet again . . .
At some point, Bitcoin needs to hold above $100,000 and create solid support - but as seen in the image above - it continues to break below this key area.
Letâs get more into the questions that everyone has in the âWhat to Anticipateâ section below!

WHAT TO ANTICIPATE
Historically, July is a month that yields positively for Bitcoin . . . but will this bearish pattern make it go in a different direction?
As of now, we are holding the âbearish areaâ, but with how volatile Bitcoin is, all of that could change in a matter of hours or even minutes!
đ Which formations are we watching? All of our focus is on the bearish âlower highs and lower lowsâ movement currently taking place.
If Bitcoin breaks below $98,179.65, that will confirm that Bitcoin will continue lower to around $96,000 . . . but it could be lower.
For this to take place, it could be up to 7 days before we see Bitcoin pushing against this resistance.
đ In a perfect world, what do we see? We need Bitcoin to break the bearish pattern and break above $108,946.49!
Bitcoin breaking above resistance and shattering this bearish pattern but be completed within the next 48 hours.
Every hour past that drastically lowers the chances for this to take place.
đ€ Our overall thoughts? We donât want Bitcoin to break below $100,000 for the 100,000th time haha - but seriously . . .
Bitcoinâs daily movement and how it is showing bearish is against us wanting higher movement, but there is a chance.
We have seen how quick Bitcoin moves and this could be our saving grace.
Keep an eye out for how Bitcoin moves in the next 48 hours. If we break above the $108,946.49 resistance, we could continue upward!
See everyone in Saturdayâs newsletter and we will continue to rub our crystal ball in the meantime for more answers!

BULL MARKET BULLETIN đ
Analysts Project Bitcoinâs All Time High in July All-time high in July, definitely has a nice ring to it. With the New York Stock Exchange enjoying positive moves since 2015 and Bitcoin having strong moves, is it possible that we could see both skyrocket at the same historic time?
Will Gold and Silver Moon Before Bitcoin As mass adoption continues for Bitcoin, we are witnessing Bitcoin being used for payment transactions . . . but what about adding gold and silver to that list? Governor Greg Abbott from Texas signed a bill allowing Texas residents to use precious metals for âday-to-day financial transactionsâ starting in May of 2027. Could this initiate a craze or is tangible means obsolete for us . . . like, do people even use dollar bills anymore?

DID WE HIT THE BULLSEYE? |