BeInCrypto
BloFin Research: Bitcoin, One More Flush Before The Bottom
Bitcoin’s June 2026 low near $58,000 does not meet the on-chain conditions that marked prior cycle bottoms. The floor sits below realized price, near $54,000, over a horizon that extends into Q4 2026. Bitcoin fell to roughly $57,950 on July 1, 2026, its lowest level in about 21 months, and closed June down near 20%.
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