Bitcoin’s recent surge to 108,200 USD has sparked interest, yet the market remains cautious. Historical patterns show Q3 has averaged returns of just 6%. Despite short-term gains, bearish signals linger in options trading, as demonstrated by negative skews.
Polymarket bettors project an 85% likelihood of Bitcoin reaching a new all-time high above 112,000 USD by October, echoing sentiments of some analysts who predict potential price points of 115,000 USD by August. However, traditional summer trends warn of possible selling pressures.
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