Bitcoin: July Recovery Matches 7.5% Seasonal Average
Bitcoin opens July 2026 at $62881.02 with recovery matching 7.5% average gains after weak June, supported by subdued weekend trading.
SourceAnalysis
Bitcoin has kicked off July 2026 with a solid recovery consistent with seasonality after a weaker June, averaging 7.5% gains as one of its strongest months supported by subdued conditions over the Independence Day weekend, with price at $62881.02 holding a bullish trend structure against EMA50 support at $61824.62 while EMA200 caps at $64410.81; RSI at 57.16 stays neutral and MACD prints a bearish death cross at 560.84, yet price trades inside the Bollinger band with upper resistance at $63690.99 suggesting a healthy retracement to the 50-EMA before continuation, a setup that aligns with BTC price prediction models and Bitcoin seasonal trends amid broader crypto market recovery.
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