Bitcoin May Stay Under Pressure Through 3Q — Market Talk

Bitcoin prices have been attempting to rally in recent days, but that momentum may be short-term — as evidenced by bitcoin trading down 1.5% to $64,885, according to LSEG data. Traders think that macro-level pressure looks to keep a thumb on bitcoin prices, at least until the 4th quarter of the year, says analysts with Binance Research in a note. The firm says that bitcoin closed around $59,500 to end the first half of 2026, which makes it 53% that bitcoin has tumbled since hitting an all-time high above $120,000 in October 2025. "This places BTC within a plausible, though unconfirmed, historical bottoming window into Q4 2026," says Binance. ([email protected])