Bitcoin Has Less Than 11 Hours Left Before July Close: Bullish August Setup in Focus
- Bitcoin has less than 11 hours left before July’s monthly candle closes, with traders watching closely.
- A close inside June’s CRT range could strengthen Bitcoin’s bullish outlook heading into August.
- August has been seasonally weak, but a strong July close could challenge that historical trend.
Bitcoin has less than 11 hours before July’s monthly candle closes. Traders are watching whether BTC can finish above June’s key support range.
While much of the attention has been on short-term price movements, the monthly close could shape Bitcoin’s outlook for August under the Monthly Candle Range Theory (CRT).
At the time of writing, CoinMarketCap data shows Bitcoin trading at $63,640. The asset is down 1.96% over the past 24 hours and 2.1% over the past week. However, Bitcoin remains 8.8% higher over the past month, keeping July on track for a positive monthly …
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