After closing H1 down 30%, BTC started July dipping to $57,735 before reclaiming $60K. Is the macro bottom in, or is more capitulation ahead?

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

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