TechFlow news, July 11, according to Cointelegraph, although Bitcoin's cumulative gain since July has approached 10%, marking the best performance in nearly four years for the same period, multiple market analysts warn that the current trend is highly similar to the bear market period in 2022, and the market may turn weak again starting from August. Looking back at 2022, Bitcoin once rebounded nearly 17% in July, but subsequently fell approximately 14% and 3% in August and September respectively.
Daan Crypto Trades pointed out that Bitcoin currently basically aligns with the historical average July performance, but the third quarter has historically been one of the weakest quarters for Bitcoin, with an average gain of only about 6%, and the gradual decline in market liquidity and trading volume may be an important reason leading to weak performance in the third quarter. Rekt Capital also pointed out that the Bitcoin price trend in 2026 shows a high similarity to previous bear market cycles. If history repeats itself, Bitcoin may continue the summer rebound trend in the second half of July, but subsequently face a new round of adjustment.
