Enjoy Bitcoin’s Rally Now, but Brace for a Painful August: Analyst

Although it was stopped at its monthly peak of $67,000 earlier this week, July has gone quite favorably for the primary cryptocurrency for now, showing a double-digit surge from its early low of under $58,000 to roughly $65,000 as of press time.

However, popular analyst Ali Martinez brought up a painful historical pattern suggesting that the bears are about to return in August.