On July 14, according to a new report by independent analyst Markus Thielen, Bitcoin has historically performed strongly in July, closing up in 7 out of the last 10 years, with an average gain of 9.1%. Analysts predicted as early as the beginning of July that Bitcoin was expected to rise to $117,244.00 with the help of seasonal factors. The current rise in Bitcoin is driven by multiple macro factors, including the strong performance of U.S. stocks driving market confidence, Trump's pressure on the Federal Reserve, and the approval of the "Big Beautiful Bill" to increase the fiscal deficit ceiling, which has heightened market expectations for the release of liquidity. Historical data shows that the average yield of Bitcoin in July is mostly positive, with the highest being 23.9% in 2020. [Deep Tide TechFlow]

Matrixport: Bitcoin has historically performed strongly in July, with an average increase of 9.1%