Bitcoin rose nearly 10% in July, but analysts warned that the 2022 bear market scenario could still repeat.

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Goldin Finance reports that although Bitcoin (BTC) has gained nearly 10% cumulatively since July, marking its best year-over-year performance in nearly four years, multiple market analysts have warned that the current trend is highly similar to the 2022 bear market period, and the market may weaken again starting in August. Looking back at 2022, Bitcoin rebounded nearly 17% in July, but then fell by about 14% and 3% in August and September, respectively.
Trader Daan Crypto Trades said that Bitcoin is currently broadly in line with its historical average performance in July, but the third quarter has traditionally been one of the weakest quarters for Bitcoin, with an average gain of only about 6%. Gradually declining market liquidity and trading volume could be an important reason behind the weak performance in the third quarter. Rekt Capital also noted that the Bitcoin price trajectory in 2026 has a high degree of similarity to prior bear-market cycles. If history repeats, Bitcoin could continue the summer rebound trend in the second half of July, but then face a new round of correction.
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