Bitcoin May Turn Range-Bound Soon For These 3 Reasons: 10x Research
Bitcoin‘s (CRYPTO: BTC) recent rally, in light of catalysts such as corporate earnings, the upcoming White House digital asset report, and the FOMC meeting could lose momentum once these events conclude.
According to a report by 10x Research, with no major triggers ahead and August–September historically weak months for crypto, Bitcoin may trade sideways or retrace unless new catalysts emerge.
The research notes that Bitcoin’s latest price movements have been closely tied to short bursts of momentum rather than sustained trends, with each major rally triggered by events such as ETF approvals, Fed policy signals, or political developments.
With corporate earnings, the White House digital asset report on July 30, and the Federal Open Market Committee (FOMC) meeting all concluding this week, …
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