Bitcoin is expected to remain above $100,000 throughout summer, with trading patterns suggesting limited upward movement in Q3. Analysts indicate Bitcoin's performance is beginning to resemble that of risk assets like equities, rather than its traditional role as a safe haven akin to gold. A possible interest rate cut by the Federal Reserve could boost Bitcoin's prospects, but historical seasonality shows that from June to September, Bitcoin's median return has only been 1%. This indicates Bitcoin may hover around the $100,000 mark during this period, potentially setting the stage for larger rallies in Q4. Recent trading saw Bitcoin retrace after reaching near $106,000, with expectations of further price movements toward $102,614 or even the $100,000 threshold if selling pressure increases. Contemplation of monetary policy and external influences, such as geopolitical tensions, continue to shape the outlook for Bitcoin in Q3.

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