Bitcoin (BTC) is seeing its best month of July since 2022, but analysis warns that the result could be firmly bearish.<\/p>\n
Key points:<\/strong><\/p>\n Data from CoinGlass<\/span><\/a> shows that at 9.5%, BTC\/USD is setting a four-year record for July gains.<\/p>\n Bitcoin\u2019s last bear-market year, in 2022, saw price end July nearly 17% higher after significant 38% losses the month prior. What happened in August, however, showed that calls for bullish continuation at the time were premature. BTC\/USD fell by around 14%, followed by a further 3% drop in September.\u00a0<\/p>\n This time, market participants are thus predictably cautious over short-term price strength.<\/p>\n \u201c$BTC Has been pretty much in line with its average July performance so far. But of course it is still early,\u201d trader Daan Crypto Trades commented on the CoinGlass numbers in an X post<\/span><\/a> on Saturday.<\/p>\n Daan Crypto Trades noted that even taking bull markets into account, Q3 is Bitcoin\u2019s weakest quarter, with average gains of just 6%.<\/p>\n \u201cThis has to do a lot with slow markets, low liquidity and volumes during the Summer time,\u201d he added.<\/p>\n BTC\/USD monthly returns (screenshot). Source: CoinGlass<\/em><\/p>\n Also concerned about seasonality is trader and analyst Rekt Capital, who notes that BTC price performance in 2026 is matching its previous bear markets closely.<\/p>\n \u201cIf history repeats, things are likely going to pick up for Bitcoin and its Summer relief rally in the second half of July,\u201d he told<\/span><\/a> X followers this week.<\/p>\n BTC\/USD one-month chart. Source: Rekt Capital\/X<\/em><\/p>\n As Cointelegraph reported<\/span><\/a>, Rekt Capital sees August canceling out this month\u2019s gains in preparation for a classic bear-market bottom later in the year.<\/p>\n Other market participants are meanwhile preparing targets for the rest of July, with $70,000 becoming popular.<\/p>\n Related: <\/strong><\/em>Bitcoin returns to $64.3K with new 3-week BTC price highs imminent<\/strong><\/em><\/span><\/a><\/p>\n \u201cInteresting few days ahead,\u201d Peter Anthony, creator of the House of Crypto YouTube channel, forecast while analyzing the daily chart.<\/p>\n <\/p>\n Another trader eyed the area between $67,000 and $73,000 for a short entry, also predicting a \u201cbullish July, then Bearish August until Q4.\u201d<\/p>\n <\/p>\n \u201cQ4 is when the real volatility takes place for BTC (both directions),\u201d Daan Crypto Trades concluded.\u00a0<\/p>\n \u201cWill this year be the same?\u201d<\/p>\n Earlier, Cointelegraph flagged<\/span><\/a> multiple onchain indicators now flashing bear-market bottom signals for the first time in four years.<\/p>\n Overall demand, meanwhile, has shown only partial signs of recovery<\/span><\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" Bitcoin (BTC) is seeing its best month of July since 2022, but analysis warns that the result could be firmly bearish. Key points: Bitcoin is nearing double-digit gains for July, but market reactions draw comparisons to 2022. Bear-market patterns call for downside to resume next month before a Q4 bottom. $70,000 remains a target for […]<\/p>\n","protected":false},"author":1,"featured_media":35202,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/hi-bull-or-bear-how-sec-actions-correlate-with-market-prices2-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[11990],"tags":[12062,25117,1331,6025,523,5811],"class_list":["post-35201","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-plug","tag-bitcoin","tag-bullmarket","tag-comeback","tag-gains","tag-july","tag-traders"],"rttpg_featured_image_url":{"full":["https:\/\/s3-images.ctmedia.io\/media\/article-covers\/hi-bull-or-bear-how-sec-actions-correlate-with-market-prices2-1.jpg",0,0,false],"landscape":["https:\/\/s3-images.ctmedia.io\/media\/article-covers\/hi-bull-or-bear-how-sec-actions-correlate-with-market-prices2-1.jpg",0,0,false],"portraits":["https:\/\/s3-images.ctmedia.io\/media\/article-covers\/hi-bull-or-bear-how-sec-actions-correlate-with-market-prices2-1.jpg",0,0,false],"thumbnail":["https:\/\/s3-images.ctmedia.io\/media\/article-covers\/hi-bull-or-bear-how-sec-actions-correlate-with-market-prices2-1.jpg",150,150,false],"medium":["https:\/\/s3-images.ctmedia.io\/media\/article-covers\/hi-bull-or-bear-how-sec-actions-correlate-with-market-prices2-1.jpg",300,300,false],"large":["https:\/\/s3-images.ctmedia.io\/media\/article-covers\/hi-bull-or-bear-how-sec-actions-correlate-with-market-prices2-1.jpg",1024,1024,false],"1536x1536":["https:\/\/s3-images.ctmedia.io\/media\/article-covers\/hi-bull-or-bear-how-sec-actions-correlate-with-market-prices2-1.jpg",1536,1536,false],"2048x2048":["https:\/\/s3-images.ctmedia.io\/media\/article-covers\/hi-bull-or-bear-how-sec-actions-correlate-with-market-prices2-1.jpg",2048,2048,false],"post-thumbnail":["https:\/\/s3-images.ctmedia.io\/media\/article-covers\/hi-bull-or-bear-how-sec-actions-correlate-with-market-prices2-1.jpg",370,265,false],"kava-thumb-s":["https:\/\/s3-images.ctmedia.io\/media\/article-covers\/hi-bull-or-bear-how-sec-actions-correlate-with-market-prices2-1.jpg",150,85,false],"kava-thumb-s-2":["https:\/\/s3-images.ctmedia.io\/media\/article-covers\/hi-bull-or-bear-how-sec-actions-correlate-with-market-prices2-1.jpg",230,230,false],"kava-thumb-m":["https:\/\/s3-images.ctmedia.io\/media\/article-covers\/hi-bull-or-bear-how-sec-actions-correlate-with-market-prices2-1.jpg",400,400,false],"kava-thumb-m-vertical":["https:\/\/s3-images.ctmedia.io\/media\/article-covers\/hi-bull-or-bear-how-sec-actions-correlate-with-market-prices2-1.jpg",370,500,false],"kava-thumb-m-2":["https:\/\/s3-images.ctmedia.io\/media\/article-covers\/hi-bull-or-bear-how-sec-actions-correlate-with-market-prices2-1.jpg",570,450,false],"kava-thumb-l":["https:\/\/s3-images.ctmedia.io\/media\/article-covers\/hi-bull-or-bear-how-sec-actions-correlate-with-market-prices2-1.jpg",1170,650,false],"kava-thumb-xl":["https:\/\/s3-images.ctmedia.io\/media\/article-covers\/hi-bull-or-bear-how-sec-actions-correlate-with-market-prices2-1.jpg",1920,1080,false],"kava-thumb-masonry":["https:\/\/s3-images.ctmedia.io\/media\/article-covers\/hi-bull-or-bear-how-sec-actions-correlate-with-market-prices2-1.jpg",600,999,false],"kava-thumb-justify":["https:\/\/s3-images.ctmedia.io\/media\/article-covers\/hi-bull-or-bear-how-sec-actions-correlate-with-market-prices2-1.jpg",640,640,false],"kava-thumb-justify-2":["https:\/\/s3-images.ctmedia.io\/media\/article-covers\/hi-bull-or-bear-how-sec-actions-correlate-with-market-prices2-1.jpg",1280,640,false]},"rttpg_author":{"display_name":"#RiseCelestialStudios","author_link":"https:\/\/design-providers.com\/rise\/author\/ralph-c\/"},"rttpg_comment":0,"rttpg_category":"CRYPTO PLUG<\/a>","rttpg_excerpt":"Bitcoin (BTC) is seeing its best month of July since 2022, but analysis warns that the result could be firmly bearish. Key points: Bitcoin is nearing double-digit gains for July, but market reactions draw comparisons to 2022. Bear-market patterns call for downside to resume next month before a Q4 bottom. $70,000 remains a target for…","_links":{"self":[{"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/posts\/35201","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/comments?post=35201"}],"version-history":[{"count":1,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/posts\/35201\/revisions"}],"predecessor-version":[{"id":35203,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/posts\/35201\/revisions\/35203"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/media\/35202"}],"wp:attachment":[{"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/media?parent=35201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/categories?post=35201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/tags?post=35201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
Analyst sees BTC price “picking up” for rest of July before reversal<\/h2>\n
$70,000 on the radar for July BTC price bounce<\/h2>\n