Bitcoin rose by almost 10 per cent in July, but analysts warned of a possible re-enactment of the bear market in 2022

Although the cumulative increase in Bitcoin (BTC) since July has been close to 10 per cent, which is the best performance for the same period in nearly four years, several market analysts have warned that the current trend is highly similar to that of the bear market in 2022 and that the market may have re-emerged from August. It was recalled that in 2022, Bitcoin had rebounded by almost 17 per cent in July, but then declined by about 14 per cent and 3 per cent in August and September, respectively. According to trader Daan Cripto Trades, bitcoin is now largely in line with historical averages of July, but the third quarter has traditionally been one of the weakest in bitcoin performances, with an average increase of only about 6 per cent, and a gradual decline in market liquidity and turnover may be an important cause of weak performance in the third quarter. Rekt Capital also noted that the 2026 price trend for bitcoin was relatively similar to the previous bear market cycle. If history is repeated, Bitcoin may continue its summer rebound in the second half of July, but a new round of adjustments will follow。