Bitcoin rebounds 10% in July amid $1M forecast, but short-term factors loom
Bitcoin (BTC) has staged a recovery in July, surging nearly 10% and fueling long-term optimism that the cryptocurrency could eventually reach hundreds of thousands of dollars. However, analysts warn that short-term volatility is likely to persist due to Q3 seasonality and macroeconomic variables.
As of 2:00 PM on July 13, Bitcoin was trading at $60,374 on C..