The month June is already on the end and July is coming fast. Now that June has passed, the people are waiting to see how it will be July in the cryptocurrency space. There are good news about the Bitcoin’s price.

Most of investors are having a positive feeling about July. They see a more exciting climate regarding the price of cryptocurrencies. This is not necessarily an investment advice. Unfortunately, we can’t know exactly in what directions will go the market, but this doesn’t mean that we can’t have a positive thought. An important step in investing is to accumulate material about the cryptocurrency that you want to invest in and then your portfolio will be a great success. Investment is in your hands.

Bull Runs this month for Bitcoin

The last two months were very bearish. In May and June have registered drops of price at almost all the cryptocurrencies. From May until now, the price of Bitcoin has fallen from about $9,200.00 to $6,100.00, that means a loss of around $3,000.00. This value of price affected also the entire market.

According to the last two months, this is the reason why there is hope for prices of crypto to go up in July. We can’t say exactly a value, but it is predicted that until mid-July the price of Bitcoin to hit again closer to $9,000.00. Of course, that is only a speculation that will make people to invest more in cryptocurrency market and thus the price of Bitcoin will go higher again. All we need to see the prices up again is larger institutional investments.

To sum up, the experts think that July will be a favorable month for the cryptocurrency market. The prices will rise again organically, because of different things. This turn of situation will encourage again the people to make bigger investments, and in this manner the price will climb. Until mid-July the hope is to see Bitcoin again at $9,000.00, but until the end the expectations are even bigger, to see Bitcoin reach $10,000.00.

Source: https://cryptodaily.co.uk/2018/06/heres-what-you-need-to-know-for-july-bull-runs-market-surges-and-bitcoin-to-hit-10k/