Bitcoin price action is once again at the center of attention as traders wonder if this July could bring the breakout everyone has been waiting for. Master of Crypto, a popular analyst, has noted some historical trends for BTC price this month, and many believe the stars are lining up for a possible push to a new all-time high.
Master of Crypto’s chart shows a striking pattern: in every July since Bitcoin became widely traded, the BTC price has never dropped more than 10% during the month. This suggests a floor of sorts for how much Bitcoin tends to correct in July, giving bulls confidence that downside risks could be limited this time around too.
Is July Going to Be Bullish?#Bitcoin could hit a new all-time high this month.
— Master of Crypto (@MasterCryptoHq) July 2, 2025
Here’s why people are excited:
– In the past, #BTC has never dropped more than 10% in July
– The S&P 500 has gone up every July for the last 10 years
July has a strong record for risk assets.… pic.twitter.com/hjL9o2VoNZ
Adding to the optimism is the S&P 500’s performance. Over the last 10 years, the S&P 500 has gone up every single July, reinforcing that July tends to be a positive month for risk assets overall. This pattern has made many Bitcoin traders more comfortable with taking long positions now, betting that BTC could ride this seasonal strength to fresh highs.
Looking at the chart from Master of Crypto, you can see July’s historical dip sizes marked clearly. Every year, the maximum drawdown has stayed under 10%.
The General Outlook Still Shows Bearish Possibilities
This year, Bitcoin started July above $107,000. Based on our BTC analysis, if the bearish setup unfolds, Bitcoin could dip to around $97,000. That would be a little over a 9% drop from current prices, still within the historical range for July pullbacks.
But the same chart also shows the potential for a strong rebound. The daily BTC candlestick right now is forming a powerful bullish candlestick, signaling that buyers are stepping back in.
This action suggests the bulls could finally break the consolidation and push Bitcoin price toward a new all-time high. If that happens, July could become the month when BTC breaks free from the sideways range it has been stuck in for weeks
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Despite the strong historical record and the exciting current price action, it’s important to recognize that the general market outlook still holds some bearish possibilities. Our analysis indicates that if sellers manage to gain control again, the price could quickly slip down to the $97,000 region. Even though that would still respect July’s historical dip limit, it could shake out many late buyers before a real breakout happens.
The key area to watch now is how the current candlestick closes. A close above this level with strong volume could confirm that bulls are finally in charge and that Bitcoin price is ready to aim for a new all-time high this month.
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