The price of Bitcoin has been on a rollercoaster ride in recent months, with June being a particularly bearish month. However, history suggests that July might bring some relief to investors. According to data from Cryptorank, June has been a negative month for Bitcoin, with the price closing in the red for the second time this year. Despite this, the coin has shown resilience and has rallied to $61,605.23 in the past 24 hours, a growth rate of 1.23%.

Historically, July has been a better month for Bitcoin, with the coin showing an average return of 7.98% and a median return of 9.60%. This trend has been observed since 2020, with the price of Bitcoin recording more historical plunges. While May saw the coin jump 11.1%, June has been a different story, with the price dropping by 8.79% so far. Despite this, market experts remain optimistic about the future trajectory of Bitcoin.

One of the key factors driving the growth of Bitcoin is the spot Bitcoin ETF, which has seen significant outflows this month. However, many corporate entities are looking to enter the crypto market, which could lead to an influx of investment in the coming months. This could help Bitcoin regain its previous all-time high. Additionally, the launch of spot Bitcoin ETFs has been a major catalyst for the coin's growth, with many investors hoping for a repeat of the previous year's performance.

While the price of Bitcoin has been erratic, trading between a low of $58,554.25 and a high of $71,907.85, market experts believe that the coin has the potential to reverse its trend and end at a higher level than where it started. With no major regulatory headwinds to watch out for, the future looks bright for Bitcoin. October, in particular, has been a historically bullish month for the coin, which could spell good news for investors.

In conclusion, while June has been a bearish month for Bitcoin, history suggests that July might be a better month for the coin. With the spot Bitcoin ETF driving growth and many corporate entities looking to enter the crypto market, the future looks bright for Bitcoin. While the price has been erratic, market experts remain optimistic about the coin's potential to regain its previous all-time high. As the crypto market continues to evolve, one thing is certain - Bitcoin remains a force to be reckoned with.