Although Bitcoin rose nearly 10% in July, analysts warned that it could still repeat the 2022 bear market trend

Although Bitcoin (BTC) has risen nearly 10% since July, setting its best performance in the same period in nearly four years, many market analysts have warned that the current trend is highly similar to the bear market in 2022, and the market may start weakening again from August. Looking back at 2022, Bitcoin rebounded by nearly 17% in July, but then fell by about 14% and 3% in August and September respectively. Trader DaanCryptoTrades said that Bitcoin is currently basically in line with the historical average performance in July, but the third quarter has historically been one of the weakest quarters for Bitcoin, with an average increase of only about 6%. The gradual decline in market liquidity and trading volume may be an important reason for the weak performance in the third quarter. RektCapital also pointed out that the Bitcoin price trend in 2026 is highly similar to previous bear market cycles. If history repeats itself, Bitcoin may continue its summer rally in the second half of July, but then usher in a new round of adjustments.