🚨 BTC & $ETH July Setup: Bounce or Reversal?
Bitcoin just closed out its worst month of 2026, down over 20% in June. Now it's clawing back above $60,000 — and history is on its side. July has averaged a 7%+ return for BTC over the years, with the best July on record posting a 24% gain.
What's driving it:
-Weak June jobs data (only 57K added) is fueling bets on a Fed rate cut
-ETF outflows that crushed the market in June are starting to slow
-Bitcoin needs to hold weekly closes above $60K to confirm this isn't a dead-cat bounce
Ethereum's setup is even more interesting.
ETH is trading deep in oversold territory (RSI ~29), sitting below every major moving average. But whale wallets are quietly accumulating even as retail stays cautious. A reclaim of the $1,700 EMA level could open a path toward $1,850-1,900.
The real question: Is this July's seasonal bounce, or the start of the move back toward $100K BTC and $4K ETH that Standard Chartered has been calling for?
The setup won't stay this clean for long. 👇 Drop your BTC/ETH price target for end of July — let's see who nails it.
Not financial advice. Crypto is volatile — always DYOR.
#NFA #DYOR $SPCXB $BTC
Bitcoin just closed out its worst month of 2026, down over 20% in June. Now it's clawing back above $60,000 — and history is on its side. July has averaged a 7%+ return for BTC over the years, with the best July on record posting a 24% gain.
What's driving it:
-Weak June jobs data (only 57K added) is fueling bets on a Fed rate cut
-ETF outflows that crushed the market in June are starting to slow
-Bitcoin needs to hold weekly closes above $60K to confirm this isn't a dead-cat bounce
Ethereum's setup is even more interesting.
ETH is trading deep in oversold territory (RSI ~29), sitting below every major moving average. But whale wallets are quietly accumulating even as retail stays cautious. A reclaim of the $1,700 EMA level could open a path toward $1,850-1,900.
The real question: Is this July's seasonal bounce, or the start of the move back toward $100K BTC and $4K ETH that Standard Chartered has been calling for?
The setup won't stay this clean for long. 👇 Drop your BTC/ETH price target for end of July — let's see who nails it.
Not financial advice. Crypto is volatile — always DYOR.
#NFA #DYOR $SPCXB $BTC