# Bitcoin Starts July Strong

BTC shows a recovery in July based on historical data.

- **Source:** [CryptoPotato](https://brifing.si/source/bd22636b-ec8d-42a8-8cca-1937c50e0f6c)
- **Published:** 2026-07-12
- **Topic:** [Finance](https://brifing.si/c/finance)
- **Original article:** <https://cryptopotato.com/bitcoins-recovery-gains-momentum-putting-july-off-to-a-strong-start/>
- **On Brifing:** https://brifing.si/s/63668dab-18db-4a65-afea-ff0b408de693

## Bitcoin's July Performance

Bitcoin has started July strongly based on historical data. It rose from its recent low of $57,700 to $64,000, which is considered a significant support and pivot level.

## Seasonal Effects

CryptoQuant analysts note that July brings a strong seasonal tailwind for Bitcoin. This effect becomes more pronounced, especially in bear markets.

## Past Data

In the bear markets of 2018 and 2022, Bitcoin closed July with gains of 20% and 17%, respectively. A similar performance is expected this year.

## Demand Recovery

Bitcoin demand has begun to recover after a sharp decline in June. The 30-day total demand metrics have approached neutral levels from -650,000 BTC.

## US Demand Increase

Investor demand in the US is also improving. The Coinbase Premium Index has risen from deeply negative levels to -0.062, indicating that institutional appetite is stabilizing.

## Needs for Sustainable Recovery

Market conditions are still quite bearish. The CryptoQuant Bull Score Index remains at 20. For a sustainable rally to begin, the index needs to rise above 60.

## Sources covering this story

- https://cryptopotato.com/bitcoins-recovery-gains-momentum-putting-july-off-to-a-strong-start/ — 

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_Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._