BTC At the start of July, I mentioned that we might see a month with mostly upside, considering that July has historically been the strongest month throughout several past bear markets and that June had already been a very weak month. That scenario has now largely played out. In two days, it's monthly open again, and what happens during the first few days of August will definitely be very interesting. If we see the typical monthly open pump and sweep the previous high at $67.3K, we might see some more downside in the weeks that follow. Should price, on the other hand, push lower right from the start of the month, things might change quickly. Over the past 11 months, this has only happened three times, and every single time it was followed by a correction of at least 20%.(Max Trades)