As of June 26, 2026, Bitcoin is trying to recover from a recent decline and has returned to around $60,500, recouping more than 4% from its local low of $58,100.

Support for the cryptocurrency market comes from a weakening dollar, falling oil prices, and rising futures on the US S&P 500 index. However, according to Andrey Loboda, a member of RASO and the expert council of the Association of Forex Dealers on the development of the over-the-counter financial market, it is still premature to talk about a full trend reversal.

Some factors that limit Bitcoin's recovery potential:
High mining costs. Mining companies have been operating under these conditions for several months and continue to sell some of their accumulated assets to cover expenses, which puts additional pressure on the market.
Investor caution. Despite the technical bounce, the Fear and Greed Index remains at low levels, indicating weak risk appetite.

In the near term, the analyst notes the key level for Bitcoin at $61,962 — the high reached on June 25. Breaking above this level, in his assessment, will open the way for a rise to around $63,400.
It is important to remember that investments in cryptocurrencies involve risks.

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