Bitcoin moved up to its highest levels since June 22 as US PPI inflation numbers provided the weekβs second surprise macro data drop.
BTC price upside predictions include $68,000 within two weeks and up to $80,000 next month, contrasting with warnings of a 2022 bear-market rerun for the rest of 2026.
BTC price action returned to $64,000 on low US CPI inflation, but traders remained wary of rejection at key resistance.
Bitcoin RSI continued to copy previous bear markets as a trader predicted that historical BTC price bottom signals would "happen again" in 2026.
Bitcoin bulls faced an uphill struggle to preserve $62,000 as stocks opened down on Strait of Hormuz rhetoric between the US and Iran.
Bitcoin price analysis called for the end of the bear market within three months as the US-Iran war sent BTC lower from strengthening $64,000 resistance.
Despite strong tokenization gains and institutional accumulation, weak onchain and derivatives data leaves ETH vulnerable to a $1,700 retest.
Bitcoin price gains approached 10% for the first two weeks of the month, but analysis warned of the bear market returning from August onward.
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