Analysis: Although Bitcoin rebounded and rose nearly 10% in July, the bearish trend of 2022 may still repeat

Deep Tide TechFlow message. On July 11, according to Cointelegraph, although Bitcoin’s cumulative gain since July has already approached 10% and set a new best performance for the same period in nearly four years, multiple market analysts warned that the current trend is highly similar to the bearish market period in 2022, and the market may turn weaker again starting in August. Looking back at 2022, Bitcoin rebounded nearly 17% in July, but then fell by about 14% in August and about 3% in September.

Daan Crypto Trades noted that Bitcoin is currently broadly in line with its historical average for July, but the third quarter has traditionally been one of Bitcoin’s weakest quarters, with average gains of only about 6%. Gradually declining market liquidity and trading volume may be an important reason behind the lackluster performance in the third quarter. Rekt Capital also pointed out that Bitcoin’s price action in 2026 shows a high similarity to previous bear market cycles. If history repeats itself, Bitcoin could continue the summer rebound into the second half of July, but then face a new round of correction.