Bitcoin kissed $58,800 and bounced. The daily chart is deep in bear territory, and prediction markets are betting on further pain.

Bitcoin trades above $60,000 on June 27 with 13 bearish moving averages and oscillators sitting neutral. Key levels: $58,800 and $62K.

Bitcoin trades near $60K, down 50% from its $126K high. Four bullish catalysts and four bearish factors shape Q3 and Q4 2026.