Foreign media: Bitcoin remains vulnerable after three quarters. According to the review article, if the current downward structure continues, the market may first rebound in July and then re-pressure in August, at a lower stage or around the fourth quarter of the year.

It's still in the lower range.

According to the article, the movement of Bitcoin since June has remained empty, with short lines mainly organized between support and resistance. The first resistance zone is currently between $60,812 and $62,589. If the price is effective in breaking through the area, it may be seen as the initial signal of the July rebound.

Prior to this, the author preferred to look at bitcoin first, with a backsliding of US$ 55,500 to US$ 56,000. The region also coincides with the higher-cycle Fibonacci support belt.

The July rebound is expected to be seasonal.

One of the main grounds given in the article was seasonal performance. Historical data indicate that July is usually a relatively biased month for bitcoin, and even at the bear market stage, there is a round of corrective rebound; in contrast, August tends to be weaker.

The author also mentioned that RSI indicators were emerging as signs of upward deviation, i.e. price movements were weak, but the kinetic energy indicators had not deteriorated simultaneously. Such combinations have often been used in the past to explain the possibility of short-line rebounds. According to this article, the July rebound is more likely to be an amendment during the decline than a confirmation of a new upward trend.

Downline target to $39,000.

If the evolution of Elliott waves and Fibonacci, as used in the text, continues, the main lower target of the Bitcoin round is around US$ 39,000. The article argues that prices may either go down or experience a more visible rebound before they reach this position.

On top, if there is a rebound in July, US$ 67,000 to US$ 77,000 is considered the main resistance zone. Of these, the 200-day mean line near approximately $75,000 is also considered to enhance the pressure in the area.

From the rhythm of time, it is expected that the final low point may appear around October, with an error of about 30 days. The reason for this is that the last few rounds of Bitcoin Bears last between 360 and 380 days. Based on this assumption, the current round of adjustments may be nearing the end of the fourth quarter of 2026.